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.
Canada plans to ban all single-use plastic products such as bags, straws, cutlery, and plates by 2021, Prime Minister Justin Trudeau announced Monday.
The major pharmaceutical maker Insys Therapeutics filed for bankruptcy protection on Monday, less than a week after the company agreed to pay $225 million to settle federal charges related to bribing doctors to prescribe opioid painkillers.
These are the headlines you Need 2 Know for Monday, June 10, 2019.
Trump strikes a solemn and respectful tone during his formal speech at Normandy, but not before a blistering attack on his political adversaries.
U.S. employers added just 75,000 jobs in May, a sharp decline from the month prior and a far cry from what economists were expecting.
Progressive advocacy groups across the country are ramping up pressure on federal lawmakers to open an impeachment inquiry into President Donald Trump.
Nearly a decade since the Arab Spring uprisings, social media use in the region has declined dramatically.
Following several days of critical attacks on Puerto Rico from President Trump and his administration, Puerto Rican radio host Julio Ricardo Varela says Trump is "racist" but the tension between the U.S. and the island territory runs much deeper.
As many as 33 states and D.C. have legalized recreational or medical cannabis, but businesses and individuals in those states are technically violating federal law. The proposed legislation would resolve that discrepancy and still allow states without blocking states that want to keep marijuana prohibitions.
With just nine months until California implements the strictest data privacy law in the nation, the vast majority of businesses operating in the state are not compliance ready, a new report found.
