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 Friday, June 21, 2019.
House Majority Whip Jim Clyburn focused on his district and uplifting rural communities with a plan to build up broadband infrastructure
Three years since the Pulse nightclub shooting in Orlando, Rep. Sean Patrick Maloney (D-N.Y.) is working to strengthen the government's ability to track violence against the LGBTQ community in an effort to combat the enduring epidemic.
*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.*
Rising tensions with Iran and a oil refinery fire in Philadelphia are threatening to send prices higher at American gas pumps.
Senator Sherrod Brown of Ohio and other members of Congress want to question Facebook on its latest project launching a cryptocurrency called Libra.
Sen. Josh Hawley’s bill to hold major tech companies responsible for content published on their platforms is finding no love. The legislation, which is aimed to punishing tech companies for their supposed censorship of conservative voices, is being criticized by free speech advocates for potentially increasing censorship and by politicians from both sides of the aisle who view the bill as gross example of government overreach.
These are the headlines you Need 2 Know for Thursday, June 20, 2019.
These are the headlines you Need 2 Know for Wednesday, June 19, 2019.
New York legislative supporters of legalized marijuana are making a last-minute effort to push through a bill that would make recreational marijuana legal in the state.
