Vice President JD Vance It is outlined Trump administration's plan for the nation's “great industrial comeback” on Tuesday at the US Dynamism Summit, hosted by venture capital firm Andreessen Horowitz. In his speech, Vance identified exactly what must change to drive American innovation away without further confiscating and deciphering American workers.
After distinguishing himself overseas as a Marine, Vance, who spent years as a venture capitalist, was the first to admit that it belongs to the Trump administration. effort Leading the world of artificial intelligence and other potentially disruptive technologies has prompted concerns about possible tensions between “techno optimists and populist rights of President Trump's coalition.”
“This is a good-intentional concern, but I think it's based on a false premise,” Vance said. “The reality is that technology is of course progressing in every dynamic society, and speaking as a Catholic, remember the opening line of John Paul II's pilgrims. Laborem Exercises“Through work, man must acquire daily bread and contribute to the continuous advancement of science and technology, and more than anything, to constantly raise the cultural and moral levels of the society in which he lives.”
The Vice President emphasized that technology must not be informal for labour up to the point of the late Pope. Instead, it must “enhance rather than replace the value of labor” – increasing productivity, increasing wages, and “respect our workers.”
The problem is, what Vance suggests is that American companies have been obsessed with cheap labor drugs over the past 40 years.
“Even if you replace the financial components of their work, you will destroy something with dignified purpose about the work itself.”
This addiction, coupled with geographical divorce from the manufacturing of innovation, that is, the result of globalization and liberal economic thinking – has led Trump support populists to doubt the benefits of innovation promised. After all, populists have witnessed America's industrialization, work departures, middle class eruptions, and unprecedented stratification of wealth.
Foreign countries, who had Western elites considered an indefinite source of cheap labor, climbed the “value chain” and effectively ate American lunches, but populists saw American workers at home as even more marginalized.
Vance speculated that populist skepticism was a cavalier attitude taken by some engineers, and the obvious belief of the leadership class that “welfare can replace work and telephone applications can replace sense of purpose.”
The vice president recalled the meeting in his time as a venture capitalist and told many American technical leaders, “even if there was enough economic dynamism to secure wealth.” [middle class families] You can afford to buy a house and buy food. Even if they replace the financial components of their work, they will destroy anything with dignified purpose about the work itself. ”
“We don't want people to want cheap labor. We want people to invest in the United States and build it.
Vance said the CEO of the multi-billion-dollar tech company proposed that Americans' loss of purpose could be improved through “a completely immersive game.”
While concerns about potential incompatibility between technological optimism and right-wing populism may be historically justified, Vance has shown that the current administration's “American first” policy protects civic labor and thereby coordinates the two camps.
“Both the tech optimalist aspect and populist, I ask my friends to ensure that the failure of the logic of globalization is not considered a failure of innovation,” Vance said. “I think it's true that globalization's hunger for cheap labor is exactly the problem because it's bad for innovation. Both our workers, our populists and our innovators, who have gathered today, have the same enemy.
Vance further showed that the Trump administration is trying to help innovators separate cheap foreign labor and start industry in the industry. By reducing regulations and energy costs. By building tariff walls around important industries. and by enforcing immigration laws, securing borders and ejecting cheap, illegal pools of foreign labor.
“Are you making interesting new things here in America? And then we're going to cut your taxes. We're going to cut regulations. We're going to cut the costs of energy so you can build, build and build,” the vice president said. “Our goal is to encourage investment in our own borders, our own businesses, our own workers, and our own innovations. We don't want people to seek cheap labor. We want them to invest in and build in the United States.”
The Vice President distilled the fundamental premises of President Donald Trump's economic policy to rescind “the country's 40-year failed economic policy.” Overregulation of industry. Innovators' excess tax. And then the setting of a cartrop before individuals trying to build in the US.
Vance showed that America is doomed to an industrial renaissance by revoking these catastrophic trends and wedding technofutism to rightist populism.
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