In an 80-page document outlining their comprehensive economic strategy, Vice President Kamala Harris and Minnesota Governor Tim Walz laid out a plan aimed at strengthening the U.S. economy and securing America's future competitiveness.
Placing great emphasis on the modernization of traditional industries, the document also focuses on emerging technologies, including artificial intelligence (AI) and cryptocurrencies. Interestingly, digital assets make a brief appearance on page 56, with AI mentioned in the context of fostering innovation while protecting consumers and investors.
The statements are reminiscent of a speech Harris gave at a recent Wall Street fundraiser, where she emphasized the importance of innovation in the digital environment.
Harris reiterated her stance on these technologies in her statements over the weekend, saying, “This strategy will promote innovative technologies like artificial intelligence and digital assets while protecting our consumers and investors.”
The key components included in the document are:
- Modernizing traditional industries: The plan aims to revitalize industries such as clean iron and steel by leveraging America's historical strengths.
- Investing in emerging technologies: Areas of focus include biomanufacturing, artificial intelligence (AI), aviation, data centers and clean energy.
- Fostering innovation: The strategy will encourage the adoption of innovative technologies while ensuring the protection of consumers and investors.
*This is not investment advice.