Harris promises to keep the US “dominant” in blockchain and AI technologies

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Vice President Kamala Harris has vowed that under her leadership, the United States will “recommit” to global dominance in emerging technologies such as blockchain, AI and quantum computing.

In a video shared by Adam Cochran, Managing Partner at Cinneamhain Ventures, Harris is heard discussing emerging technologies, arguing that these should be sectors in which the US should be dominant.

From Harris’ last speech today, she says the US should become “Blockchain Dominant”

I’m sure the “silence is not enough” “digital assets is not enough” crowd will move the goal post again.

But: progress!

pic.twitter.com/kTEKqFOqMf

— Adam Cochran (adamscochran.eth) (@adamscochran) September 25, 2024

Speaking at the Economic Club of Pittsburgh on Wednesday, Harris emphasized the importance of maintaining U.S. leadership in high-end sectors. Her remarks come as the Democratic presidential nominee begins to outline her economic vision for the country.

Harris’ comments represent a shift in her campaign messaging, which had previously been silent on cryptocurrency and blockchain issues. At a recent Wall Street fundraiser in Manhattan, she framed AI and cryptocurrency as part of her vision for an “opportunity economy,” promising to encourage innovation while protecting consumers and investors.

The vice president’s 80-page economic plan, released Wednesday, reiterates his commitment to creating a “safe business environment with consistent and transparent rules” for emerging technologies. This approach contrasts with Republican nominee Donald Trump, who has more actively courted the crypto industry, including a recent visit to a Bitcoin-themed bar in New York City.

Analysts at VanEck suggest that the outcome of the November election could have mixed implications for the crypto sector. While both Harris and Trump are seen as potentially bullish on Bitcoin, a Harris presidency could accelerate the structural issues driving Bitcoin adoption. However, analysts note that both administrations would likely maintain or increase fiscal spending, which may lead to further quantitative easing.

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