In a recent speech at the Economic Club of Pittsburgh, U.S. Vice President Kamala Harris emphasized the need for the United States to maintain its global leadership in emerging technologies, particularly blockchain, artificial intelligence (AI), and quantum computing. Harris stressed the importance of these innovations in ensuring the country's competitive advantage, especially in the face of increasing competition from countries such as China.
Harris laid out her vision for an "opportunity economy" where the U.S. promotes innovation while protecting consumers. "The technology of the future will define our future," she said.
A balanced regulatory approach
“We must foster an environment where innovation can thrive, while also having clear rules in place to protect Americans and ensure fair competition.” Her speech highlighted a balanced regulatory approach aimed at creating a good business climate for future technologies such as digital assets and blockchain.
The speech comes at a critical time for global advances in artificial intelligence and blockchain technology, which are transforming industries from finance to healthcare. The Vice President's emphasis on maintaining technological leadership reflects her administration's determination to ensure that the United States dominates these fields in the future. Harris also made it clear that the United States must take the lead not only in innovation, but also in developing regulatory frameworks to enable these technologies to flourish responsibly.
Cryptocurrency leaders support Harris
Billionaire entrepreneur Mark Cuban has publicly supported Harris' stance on technological advancement, especially her approach to blockchain and digital assets. Cuban praised Harris for opposing what he called "regulation through litigation," a veiled criticism of the Securities and Exchange Commission (SEC) under current chairman Gary Gensler. Cuban even suggested that a Harris-led administration could replace Gensler, which he believes would lead to substantial economic growth.
Congressman Ro Khanna also praised Harris' vision for the future of emerging technologies such as artificial intelligence and blockchain. Khanna stressed that rejecting cryptocurrencies is like rejecting smartphones or laptops - these technological advances have already reshaped the world. He believes that Bitcoin and other digital assets are the future of the next generation, comparing Bitcoin to "the new gold for young people."
Harris' economic plan
Harris’ speech coincided with the release of his 80-page economic plan, which prioritizes emerging technologies such as blockchain and artificial intelligence. The plan outlines strategies to foster growth in those industries while maintaining a strong regulatory framework to protect consumers and investors.
As Harris continues to advance American leadership in these critical areas, her administration’s stance will play a critical role in shaping the global landscape for blockchain, artificial intelligence, and other breakthrough technologies.
The article is for reference only and does not constitute investment advice.