According to Odaily Odaily, the AI industry is emulating the lobbying strategies of the cryptocurrency industry during the 2024 election cycle, aiming to influence the 2026 midterm elections and AI legislation through super PACs. Leading the Future, a super PAC, was established last summer and has received support from Silicon Valley investors such as Marc Andreessen, Ben Horowitz, Greg Brockman, Joe Lonsdale, and Perplexity. Meta also established a super PAC focused on AI regulation late last year. Despite polls by Pew Research and Gallup showing retail investors' concerns about the negative impacts of AI on employment and privacy, AI super PACs plan to promote innovation policies by supporting pro-AI candidates. Brian Rice, VP of Public Policy at Meta, stated that the company will support state-level candidates who champion US technology leadership. Furthermore, LTF has publicly opposed New York State's RAISE Act, arguing that such regulations would weaken the US's leading position in AI. Currently, despite Trump's attempt to deregulate through executive orders, the RAISE Act was signed into law by New York Governor Kathy Hochul in December. (CNBC)
The AI industry seeks to replicate the success of cryptocurrency lobbying and invests in the midterm elections.
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