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.
These are the headlines you Need 2 Know for Tuesday, July 30, 2019.
These are the headlines you Need 2 Know for Tuesday, July 30, 2019.
The legislation signed by the N.Y. governor will reduce penalties for possession and expunge existing criminal records for hundreds of thousands of residents.
Laura Gómez sat down with Cheddar to discuss the seventh, and final, season of the hit Netflix series, which sees the character she plays, Blanca Flores, navigate an Immigration and Customs Enforcement detention center.
Michigan Democratic Chairwoman Lavora Barnes encourages presidential hopefuls to take Michigan seriously when it comes to the campaign and not just focus on the early races, like Iowa or New Hampshire.
Residents of Baltimore are working to showcase the best that their hometown has to offer, just days after President Trump attacked Congressman Elijah Cummings and described the city as a "a disgusting, rat and rodent infested mess."
These are the headlines you Need 2 Know for Monday, July 29, 2019.
Chicago-based cannabis company Cresco Labs unveiled a new dispensary and retail cannabis shop concept on Monday. Called Sunnyside, the concept emphasizes health and wellness and aims to create an accessible, immersive retail environment that pushes Cresco along on its mission of creating a nationally-recognizable cannabis brand.
The California Democrat said that supportis growing, pointing to five more members of his party who have come to support impeachment proceedings since Mueller's testimony.
Shares of CannTrust surged 15 percent on Friday after the Canadian cannabis company announced it terminated CEO Peter Aceto in the midst of regulatory drama that has plundered the company's stock value. Jefferies' analyst Ryan Tomkins predicted the management shuffle in a Wednesday note, which called management's positions "untenable."
