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.
Kelly Loeffler will be the first cryptocurrency CEO and second woman in Georgia to ever have served in the Senate.
The morning began with three constitutional experts telling lawmakers that President Donald Trump committed impeachable offenses, although one vehemently dissented.
These are the headlines you Need 2 Know for Wednesday, December 4, 2019.
The celebratory feeling among shoppers on Sunday mirrored that of lawmakers and activists, but the state is facing shortages that can be traced back to licensing decisions made in the medical marijuana program.
Virginia Attorney General Mark Herring, who is hosting a cannabis summit on December 11, told Cheddar on Tuesday he is bringing together legislators and experts in an effort to push forward his calls for reform.
The once top tier candidate in the race for the 2020 presidential nomination announced the end to her run on Tuesday.
During the NATO summit in London, Trump doubled-down on threats to tax French goods in retaliation for the country’s taxes on U.S. tech and also suggested the China trade deal may be delayed until after the 2020 election.
These are the headlines you Need 2 Know for Tuesday, December 3, 2019
Student Debt Crisis was "inundated with calls" after filing a lawsuit against the Consumer Financial Protection Bureau for failing to properly oversee the companies that manage federal student loan debt.
The energy sector is in "a really exciting time," Chairman Neil Chatterjee told Cheddar Monday. His agency, the Federal Energy Regulatory Commission, is charged with overseeing the power grid.
