Fairshake worked because ultimately no one cared about crypto except those who stood to lose from regulation.
AI's a different ball game: lots of people stand to lose from unchecked AI and are quite acutely nervous about it. Hard argument to make.

One thing about the dueling AI super PACs is how BOTH sides are affected by what happened with crypto in 2024.
The AI industry accelerationists explicitly want to replicate what happened with Fairshake. Some of the operatives and donors are even the same.
Meanwhile, the AI

Teddy Schleifer

Twitter

This trader made a total of 48 predictions of market movements within 15 minutes, earning a net profit of $80,000 in one day.

Earning $80,000 a day, this top player treats Polymarket like an ATM.

The leading cryptocurrency, Bitcoin ($BTC), has fallen again after recovering to $70,000. Bitcoin is trading around $67,000, while Ethereum (ETH) is trading around $1,960, as US January inflation data...

BREAKING! US Inflation Data Released! Here’s Bitcoin’s (BTC) Initial Reaction!

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Daily market data review and trend analysis, produced by PANews.
1. Market Observation: The current macro market is experiencing a profound confidence crisis triggered by AI. The narrative has shifted from "AI frenzy" to "AI panic." Investors are no longer focused on who will benefit, but rather on which industries will be disrupted and replaced. On Thursday, financial markets experienced a broad sell-off, with US stocks losing $1 trillion in market capitalization. Cisco plunged 12% after issuing weak profit margin guidance. The Nasdaq fell more than 2%, the S&P 500 dropped 1.57%, breaking below its 50-day moving average, and the Dow Jones Industrial Average fell below the 50,000 mark...