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.
The president claimed that the drone attack on Iran's Major General Qassem Soleimani was meant to reduce tensions in the region, but the Democrats contend the targeted killing may have the opposite result.
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.
Jacob Rich, a policy analyst from Reason Foundation, which advocates for individual liberty and free markets, said the Trump administration ban on flavored e-cigarettes is “not quite effective.”
Hours after the attack at Baghdad International Airport, the Department of Homeland Security's top cybersecurity official reissued a summer bulletin warning of increased cyberattacks by the Iranian government and its allies.
The United States is sending nearly 3,000 more Army troops to the Mideast as reinforcements in the volatile aftermath of the killing of an Iranian general in a strike ordered by President Donald Trump, defense officials said Friday.
Sen. Elizabeth Warren said Friday that she raised $21.2 million from October through December, while Sen. Amy Klobuchar said she took in $11.4 million for her White House bid to close out the year.
The majority of the top 10 candidates spent more on television and radio advertising than they did on Facebook ads by the end of November.
These are the headlines you Need 2 Know for Friday, January 3, 2020.
The number dropped by 2,000 to 222,000 in the seven days up until December 28, although the four-week average ticked up by 4,750 to 233,250.
The administration announced Thursday that it will prohibit fruit, candy, mint and dessert flavors from small, cartridge-based e-cigarettes that are popular with high school students. But menthol and tobacco-flavored e-cigarettes will be allowed to remain on the market.
