Washington – Vice President JD Vance In a technology and artificial intelligence speech on Tuesday, globalization efforts using “cheap labor” were also hampering innovation across the globe.
“On the one hand, our workers, populists, and on the other hand, are technically optimistic, have been failed by this government,” he said. “Not only the government of the previous government, but in some aspects of the past 40 years, the government, because our leadership team has two prides when globalizing.”
Vance explained that recent globalization efforts mistakenly believe that world leaders can “distinguish the manufacturing of things from the design of things”, citing poor countries that will create goods such as cell phones, while wealthy countries will “further enhance value changes.”
“Now, we assume other countries will always fall into the value chain, but it turns out that as they get better at the lower end of the value chain, they are also starting to catch up at the higher end. We squeezed from both ends. Now, this is the first idea of globalization.”
Vice President JD Vance delivered support for U.S. industry and workers at the U.S. Dynamics Summit in Washington, DC on March 18, 2025. (Jim Watson/AFP)
Vance said the effort has led to an addiction to cheap labor, which has stopped innovation.
“Basically, cheap labor is a crutch, which is a crutch that inhibits innovation,” he said. “I might even say it’s a drug that is addicted to American companies. Now, if you can make products cheaper, it’s too easy, not to innovate. And whether we provide offshore factories to cheaper labor economies or import cheap labor through our immigration system, then cheap labor becomes the labor force in Western economies.
“And I would say, if you almost look at the UK from Canada to importing a lot of cheap labor, you’ll see productivity stagnant,” he said. “And I don’t think that’s totally accidental. I think the connection is very direct.”
Vance argues “Innovation is key to winning the global manufacturing competition, providing our workers with a fair deal and regaining legacy through a big U.S. industry. ”
The dynamic summit in the United States is a Annual Technology Summit Hosted by venture capital firm Andreessen Horowitz. The event is in its third year and is a bridge between California’s Silicon Valley and Washington, D.C.
Vance was titled at the event in Waldorf Astoria and attended with other prominent speakers during the summit Doug BurgumGeneral Brian Fenton, commander of the United States’ special operations, and Democratic New York Rep. Ritchie Torres.
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Vice President JD Vance said recent global efforts to use “cheap labor as crutches” have stopped innovating. (Jim Watson/AFP via Getty Image)
Vance also opposes industry leaders and world leaders who advocate strict AI regulations over concerns about technology, saying their concerns are based on “false premises.”
“The idea is that it is inevitable that a wrong idea will come up with people and populists who are moving forward in technology is wrong,” he said. “I think the reality is that in any dynamic society, technology will advance.”
The vice president compared the rise of AI to the spread of ATMs in the 1970s, which attracted concerns about bank tellers being eliminated, similar to how some workers feared AI could push them out of work.
“I think people are too worried that AI will simply replace jobs rather than adding up a lot of what we are doing now. “In the 1970s, if you go back a little, many people were worried about automated teller machines, what we call ATMs, what we call ATMs would replace bank lessors. In fact, the advent of ATMs makes bank tellers more productive, and today you have more customer service staff in finance than you did when you created ATMs. ”
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“Of course, their jobs are slightly different now. Yes, they are doing more fun tasks,” he continued. “And, importantly, they have more money than they did in the 1970s. ”
Vice President JD Vance, a separate technology summit in Paris in February, called the AI Action Summit, opposes the “fear” of artificial intelligence in Europe. (Josep Lago/AFP via Getty Images)
Vance, who attended a separate technology summit in Paris in February, called the AI Action Summit, opposes “fear” in Europe. AIand regulate it to hinder the future of innovation and work.
“Now, we face the extraordinary prospects of a new industrial revolution, which is comparable to the invention of steam engines or Bessemer Steel,” he said in his speech in Paris. “But if over-regulation prevents innovators from taking the risks needed to push goals, it will never happen, and it won’t happen if we allow AI to be dominated by large players who want to use technology to review or control the ideas of users.”
“As AI creates new jobs and industries, our government, businesses and labor organizations have an obligation to work together to not only empower American workers to empower workers around the world,” he added. “To this end, the Trump administration will assure American workers a seat on the table for all major AI policy decisions from the federal government, and we are proud of it.”
Vice President JD Vance spoke at the AI Action Summit held at the Grand Palais in Paris on February 11, 2025. (Ludovic Marin/AFP)
President Donald Trump A massive AI infrastructure program was announced the second day in January, explaining that tech companies SoftBank, OpenAI and Oracle are joining forces with a project called Stargate, which is working to build data centers based on the U.S. as AI. The project initially invests $100 billion and plans to expand to $500 billion over the next four years.
“The development of the AI system in the United States must be free from ideological bias or engineering society agenda,” the White House said of the executive order. (Chip Somodevilla/Getty Images)
Trump also signed an executive order on the third day of the office, calling “eliminating barriers to the U.S. leadership in artificial intelligence.” The executive order revoked previous Biden-era AI policies, and Trump said, “established unnecessary burden requirements for companies developing and deploying AI” and seized the private sector.
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“The U.S. development of AI systems must be free from ideological bias or engineering social agenda,” the White House said of the executive order. “With the right government policy, the U.S. can consolidate its position as an AI leader,” the White House said. Ensure the future For all Americans. ”
Diana Stancy of Fox News Digital contributed to the report.
