Gina Raimondo

So it turns out America has seen a similar movie to this before, when we didn't plan for an economic transition.

And by the way, it didn't end well.

How about we pilot tax credits or other economic incentives that reward companies for worker redeployment, for entry-level hiring, for reinvesting AI productivity gains into new jobs?

We have spent decades, if not longer, perfecting the incentives for investing in machines.

What will it take for America to lead the global AI competition?

Now, we all know we'll need plentiful energy, the best chips, the most innovative AI companies, the best models.

But I argue that's not nearly enough.

Because if we're the best in the world at those things, but we've displaced millions of American workers, then we're going to lose the global AI race.

In fact, we will have automated our decline, because recession, social unrest, political upheaval, those will weaken our country, our politics and our economy.

And ultimately, I believe, I know, they will lead to excessive, burdensome regulation of AI that will slow and stop and hinder AI innovation.

The reality is the United States can't lead the world in technological innovation if it's failing its people at home.

We need a technology strategy and a human capital strategy, because the only way to truly win the long-term AI race is to lead in the technology and to have a plan that brings everybody along to an AI economy.

Now, I think it's incredibly exciting to think about what a well-trained individual can do with AI.

Think about how much more productive and creative we'll all be and how many new businesses will be created.

And I'm optimistic because history shows every time we create a new technology, it does create new jobs, new industries, new products, new services.

Over time.

with some time.

And I'm confident that that will happen again, this time with AI.

With time.

So what I'm worried about is the near-term disruption to workers as we transition from here to an AI economy.