Jon Krohn: Top AI Insights from March
Jon Krohn rounds up March’s interviews in this ICYMI episode. Hear from AI and data science experts across the fields of education and business in…
Thought Leader: Jon Krohn
The next coronavirus relief bill needs to solve America’s unbanked and unwired crises
By Fred P. Hochberg (original source The Hill)
“Just two weeks after Congress passed the $2.2 trillion CARES Act to provide relief to businesses and families hammered by the coronavirus lockdown, discussions are turning to another legislative package, which simply must address two urgent problems: Too many Americans don’t have access to banks, and they don’t have high-speed broadband. If they don’t get both soon, they will be in desperate straits.
We already know that low-income people and people of color are being infected and dying at higher rates and are facing the worst economic fallout. Rural areas – many of which have similar health and economic vulnerabilities – could face the same problems when coronavirus hits their communities. Getting immediate access to relief funds and to high-speed internet is, literally, a matter of life and death for millions of Americans.
Consider that, this week, Americans will start receiving some of the $290 billion in direct payments authorized under CARES Act. The average household will get $1,523, and 60 million payments will be made immediately by Treasury through direct deposit to people with bank account information on file with the IRS.”
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