Darren Soto Intros Tech Bills on AI Jobs and Virtual Currency Price Manipulation
Congressman Darren Soto (D-FL)introduced the AI Jobs Act, legislation that would authorize the Department of Labor to work with businesses and educational institutions to create a report analyzing the future growth of artificial intelligence and its impact on the American workforce. The legislation would collect data to analyze which industries are projected to have the most growth through artificial intelligence, and the demographics which may experience expanded career opportunities and those most vulnerable to job displacement. The report would be conducted in collaboration with educational institutions; employers and think tanks in the tech and manufacturing sectors; and the Secretary of Commerce. Separately, Soto introduced two bills to help prevent virtual currency price manipulation and position the U.S. to be a leader in the cryptocurrency industry. Together, the Virtual Currency Consumer Protection Act and the U.S. Virtual Currency Market and Regulatory Competitiveness Act would analyze what can be done to protect consumers from price manipulation and ensure America remains a global leader in fostering innovation in this evolving global marketplace. Fittingly, Soto on Monday was named Co-Chairman of the Congressional Blockchain Caucus, a bipartisan group that promotes the future of blockchain technology -- which is crucial to the use of cryptocurrencies, such as Bitcoin. More here.
Virtual Currency Manipulation bills: https://soto.house.gov/media/press-releases/rep-soto-introduces-bipartisan-bills-preventing-virtual-currency-price
Co-Chair of the Congressional Blockchain Caucus: https://www.theledger.com/news/20190128/rep-darren-soto-named-co-chair-of-technology-caucus