Rep. Ro Khanna: Jobs Will Be the Focus of White House A.I. Summit
*By Alisha Haridisani*
Dozens of Silicon Valley executives are scheduled to descend on the White House for a summit meeting Thursday to discuss how artificial intelligence can be used to strengthen the economy.
“I think the big question is ‘what are the new jobs going to look like?’” said Representative Ro Khanna, a Democrat from California’s tech-heavy 17th district.
The summit, organized by the Office of Science and Technology Policy, will provide a forum for tech leaders and lawmakers to discuss how manufacturing, transportation, and healthcare can integrate A.I. without losing too many jobs and, hopefully, creating new ones.
A.I. is expected to automate at least 13 million jobs in the United States, according to a [paper](https://www.oecd-ilibrary.org/docserver/2e2f4eea-en.pdf?expires=1525898765&id=id&accname=guest&checksum=0EC91AF21400A0A43F18E3466CB1449A) published by the international Organization for Economic Co-Operation and Development (OECD) earlier this year. The paper also predicted that the effect on America's workforce may be greater than the disruption caused by automation of the auto industry in the 1950s, which resulted in large job losses in some local economies.
“You’re not just going to solve that issue by tax cuts or corporate giveaways,” said Khanna. “You really need to prepare a workforce for the jobs of the future."
Michael Kratsios, the White House's deputy chief technology officer, recently [told The Washington Post](https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/?noredirect=on&utm_term=.610bec66f6d7) the potential applications for A.I., robots and machine learning touched nearly every industry.
“Whether you’re a farmer in Iowa, an energy producer in Texas, a drug manufacturer in Boston, you are going to be using these techniques to drive your business going forward,” Kratsios was quoted by The Post.
Khanna said the potential far-reaching impact of new technology required the administration to come up with a detailed plan for preparing American workers. "I thought the president, who made his reputation on ‘The Apprentice,’ would announce a lot of apprenticeship and tech programs," he said.
Alphabet, Microsoft, Facebook, Amazon, and IBM are reportedly among the companies that will attend the meeting at the White House with academics and lawmakers.
Michael S. Weinstein, chair of the white collar criminal defense practice at Cole Schotz, joined "Wake Up With Cheddar" to break down the defense's strategy to put Elizabeth Holmes on the stand in the former Theranos CEO's criminal fraud trial. "She's humanizing herself, and she's certainly coming off as they would want her to," he said. "I think what really is going to be interesting and really where the rubber meets the road is when the cross-examination commences, and they're able to pick apart her story and contrast what she's currently saying to what she previously said on multiple occasions in the last five to seven years."
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
A group of crypto enthusiasts pooled over $40 million dollars in an attempt to win a copy of the U.S. Constitution last week. However, their efforts came up short, as hedge fund billionaire Ken Griffin emerged as the victor in a $43.2 million Sotheby's auction. Matt Cutler, CEO & Co-Founder of Blocknative, joins Cheddar News' Closing Bell, where he explains why ConstitutionDAO ultimately came up short.
Gparency, a company that says its mission is to revolutionize the commercial mortgage industry, raised $15 million in its first funding round - representing the largest ever seed round in the commercial real estate space. Gparency's service will allow landlords and real estate developers to receive funding directly from banks, without the need for a mortgage broker. The company says its new approach will give power back to the consumer. Gparency founder and CEO Ira Zlotowitz joins Cheddar News' Closing Bell to discuss.
Rapper and singer T-Pain is teaming up with Google this holiday season to encourage shoppers to support Black-owned businesses on Black Friday. Stephanie Horton, the director of marketing for Google Shopping, joined Cheddar to provide some details about T-Pain's new song, featuring Normani, in a new shoppable interactive film for the promotion. She also explained how Google worked with local artists in various states to create shoppable murals, where products seen in the artwork are discoverable online by simply pointing your camera at it.
Per a request from the UK singing sensation Adele after her new album "30" dropped on Friday, Spotify removed shuffle play as the default for albums. Adele tweeted about her request to the streaming service, arguing that an album's track sequence is intentional and that the songs should be listened to in that order.
