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 Thursday, July 11, 2019.
The House Judiciary Subcommittee on Crime, Terrorism, and Homeland Security held a historic hearing on cannabis to tackle how best to reform laws regarding the controlled substance.
Acosta told reporters that new sex crime charges against hedge fund manager Jeffrey Epstein were welcome, but he defended his role in the previous case brought against the billionaire that ended in a reportedly sweetheart deal.
These are the headlines you Need 2 Know for Wednesday, July 10, 2019.
The Third Strike Campaign aims to shed light on — and give a voice to — the real people that continue to suffer everyday from the “tough on crime” justice system and the mandatory sentencing guidelines under three strikes legislation.
Anthony Scaramucci, the outspoken investment banker and former White House Communications Director, criticized the Trump administration’s enduring trade disputes, arguing the tariffs ultimately hurt the American people.
California Sen. Kamala Harris and South Bend Mayor Pete Buttigieg are the most formidable of the two dozen Democratic presidential candidates, according to Anthony Scaramucci.
The federal appeals court ruled President Donald Trump, when using his infamous @realDonaldTrump Twitter account, cannot block his critics, upholding an earlier court ruling.
Tom Steyer, the former hedge-fund executive and progressive activist, announced his candidacy for the 2020 Democratic presidential nomination on Tuesday.
These are the headlines you Need 2 Know for Tuesday, July 9, 2019.
