Vice President JD Vance criticized globalization efforts that rely on cheap labor for hindering innovation during a speech about technology and artificial intelligence. Vance argued that the U.S. must reduce reliance on cheap foreign labor and incentivize domestic production to advance innovation.
Vance emphasized the importance of collaboration among government, businesses and labor organizations to empower workers as new jobs emerge from AI advancements.
Vance stated that cheap labor is a “crutch” that inhibits progress and proposed tax cuts and reduced regulations to encourage domestic production.
