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.
Elizabeth Warren made a vigorous case for a female president and stood behind her accusation suggesting sexism by progressive rival Bernie Sanders Tuesday night in a tense Democratic debate that raised gender as a key issue in the sprint to Iowa’s presidential caucuses.
Senior foreign policy officials from the last several presidential administrations gathered in Washington D.C. Tuesday for a series of panels and workshops aimed at creating a “roadmap for an incoming administration’s first 100 days in office,” according to the Center for American Progress.
The House is preparing to vote Wednesday to send the articles of impeachment against President Donald Trump to the Senate to start the historic trial, several people told The Associated Press.
Here are the headlines you Need 2 Know for Tuesday, January 14, 2020.
Floridians will not have the opportunity to vote on recreational cannabis in November 2020. Make It Legal Florida, the organization behind a massive push to put adult-use cannabis on Florida's ballot, announced it will instead "shift focus" to the 2022 midterms.
Here are the headlines you Need 2 know for Monday, January 13, 2020
Cory Booker announced Monday that he is ending his presidential run after he failed to qualify for the January Democratic debate.
The president of Americans for Tax Reform particularly liked the numbers that showed an all-time low for discouraged workers.
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.
Stocks are closing broadly lower on Wall Street after giving up early gains. The government's latest report on the jobs market showed a slowdown in hiring last month, but the number was solid enough to cement Wall Street's view that the job market is holding up.
