It is up to the federal government to make sure America embraces rapid technological change in a way that is “positive for as many of our citizens as possible,” said Rep. John Delaney (D-MD).
In an interview with Cheddar, the Congressman said he doesn’t believe such progress is a threat to the labor market.
“Innovation generally creates more jobs than it displaces,” said Delaney. “But the problem is oftentimes the jobs that get created by innovation are not located in the same places where the jobs that were displaced are located.”
He pointed out that 80 percent of venture capital in this country goes to just California, New York, and Boston, which means that innovation and job creation is highly concentrated in and around those places.
“I think that will continue unless policymakers do things to make sure more of our country has the opportunity to have people invest in their communities and kind of benefit from this innovation.”
Delaney founded the A.I. Caucus to do just that. Comprised of lawmakers from both sides of the aisle, the group strives to work with the private sector to come up with policy ideas that can help the country keep up with technological change.
“I just want to make sure we don’t leave huge parts of the country behind,” he said.
GOP National Spokesperson Liz Harrington claimed Democrats should have subpoenaed witnesses, despite the House notably issuing subpoenas during the initial inquiry.
The address kicked off the global economic gathering, which marked its 50th anniversary this year. It also came just hours before Trump's impeachment hearing was set to begin back on Capitol Hill.
The months of counting across the U.S. are essential, Census Bureau Director Steven Dillingham emphasized. The results determine how federal funds are distributed to public entities like schools and hospitals and for infrastructure and public services.
Members of the public who want to follow President Donald Trump's impeachment and Hollywood mogul Harvey Weinstein's rape trial through the media will sit in obstructed seats.
These are the headlines you Need 2 Know for Tuesday, January 21, 2020.
This Saturday marks the fourth annual Women’s March, the annual gathering to support women which began as President Donald Trump entered the White House. Now, this year’s march marks the last of its kind before the 2020 election.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The wife of Democratic presidential candidate Andrew Yang says she was sexually assaulted by an obstetrician while she was pregnant with the couple's first child.
Here are the headlines you Need 2 Know for Friday, January 17, 2020.
A Capitol Hill hearing on cannabis legislation Wednesday underscored the regulatory straitjacket that restricts research and scheduling of cannabis in the United States.
