The US Vice President Kamala Harris has been making the headlines in the recent past by making promises to expanding the sectors of Artificial Intelligence and Cryptocurrencies. It is a part of her drive to gather $27 million during a New York City crypto fundraiser campaign.
Harris also committed to advocate for AI and Digital assets because these are the path to deliver more value, cling to tech superiority, and secure the security and the American economy. The way she speaks she is among the biggest proponents of the new phenomenon that is cryptocurrency.
Harris Burdens Self with Digital Assets
During the fundraiser in New York City, Harris emphasized a lot on the novelty of the new technologies within the cryptocurrencies. She provided a clear map right from the government to adopt them as part of the future financial system. Her comments would be the biggest indication from the government to the tech community and the investors who are wary of the United States in the ever-evolving crypto market.
Harris said that the government would be interested in undertaking activities that would foster the development of this industry to ensure that it is a friendly regulatory one that would foster innovation and user protection. Currently, it is exploring how balance can be achieved to make sure that the country remains a top fintech industry.
Growing the AI Industry
Apart from demonstrating the viability of crypto development, Harris also made the prosecution of the development case for the AI industry expansion for the United States of America. In a way that seems characteristic to Harris, AI is one of the greatest inventions in technology today. For Harris, as she said she thinks that the AI is the definitive tool that will guarantee the national security and economic development.
The structure that Harris is proposing for his association would actually be much better known for promoting the right use of AI with focus on ethics and equity. In this regard, she negated or negating in her paper the fact that advancement in AI works against the values that best should be measured by the nation for fairness and, at the same time, free from discriminating intent.
Specific concerns in the tech-sector
Harris indeed impacted the audience members that were located in the tech and crypto niches while her speech aimed at calming down. Regulators in the US have been expressing concern for the past months on regulatory ambiguity across regions for cryptocurrencies. Such challenges include; Money laundering, Consumer protection, and Systemic risks.
To this end, Harris promised to help develop the sector with the caution that the process would be done in a very diligent manner. That she said categorically holds that innovation is something that needs protection. Harris is a crucial member of Bidenâs administration that, so far, is pursing the strategy of praising innovation while meeting its challenges first hand in terms of crypto. Harris postured saying, âWe canât allow China to pull a fast one on us when it comes to AI and crypto.â
This $27 Million Crypto Fundraiser and Future Campaigns
To Harris, the NYC fundraiser event was not only for the advocacy around tech policy but for the funding of the next elections as well. Her remarks will go down well with the donors affiliated to the technology and finance sectors. Realizing the plank of digital assets and AI, Harris has an industry that is rapidly gaining prominence and is already considered to part of the economic framework of the United States of America.
Her view also suggests that the crypto and the blockchain technology now rises to magnify its importance in the subsequent Democratic campaign. Some light was cast by the words of Harris on how the concept of digital assets will influence the monetary and technical advancement of the country.
