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Silicon Valley Veterans Invest in PACs to Advocate Against AI Regulations
Andreessen Horowitz and OpenAI President Greg Brockman are among the Silicon Valley veterans putting more than $100 million into a network of political action committees (PACs) that will advocate against strict AI regulations in next year’s midterm elections, reports The Wall Street Journal.
Push for Favorable AI Regulation Continues Despite Setback
The new pro-AI super-PAC network dubbed “Leading the Future” aims to use campaign donations and digital ads to advocate for favorable AI regulation and oppose candidates that the group thinks will stifle the industry. Both Andreessen Horowitz and OpenAI were part of a push earlier this year to implement a 10-year moratorium on states’ rights to create their own AI regulations. The ban was ultimately struck down, but the AI industry continues to fight against a “patchwork of regulations,” which they say would slow down innovation and put the U.S. at risk of losing the AI race to China.
Modeling Approach on Pro-Crypto Super-PAC Network
The group hopes to model its approach on pro-crypto super-PAC network Fairshake, which helped cement a victory for Donald Trump. It will generally align with the policies of White House AI and crypto czar David Sacks, per The Journal.
