"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. 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."
Andreessen Horowitz and OpenAI President Greg Brockman are contributing more than $100 million to a network of political-action committees called Leading the Future. The network will advocate against strict AI regulations in next year's midterm elections using campaign donations and digital ads to support favorable policy and oppose candidates perceived to stifle the industry. Andreessen Horowitz and OpenAI previously supported a 10-year moratorium preventing states from creating their own AI rules, a ban that was later struck down. The industry warns that a patchwork of state regulations would slow innovation and risk ceding AI leadership to China. The group plans to model its approach on the pro-crypto super-PAC Fairshake and generally align with White House AI and crypto czar David Sacks.
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