The AI industry seeks to replicate the successful lobbying strategies of cryptocurrencies and invest funds in midterm elections.

Odaily Planet Daily reports that the AI industry is mimicking the lobbying strategies of the cryptocurrency sector during the 2024 election cycle, aiming to influence the 2026 midterm elections and AI legislation through super PACs. Leading the Future super PAC was established last summer with support from Silicon Valley investors such as Marc Andreessen, Ben Horowitz, Greg Brockman, Joe Lonsdale, and Perplexity. Meta also formed a super PAC focused on AI regulation at the end of last year. Despite Pew Research and Gallup polls showing retail investors’ concerns about AI’s negative impacts on employment and privacy, the AI super PAC plans to promote innovative policies by supporting pro-AI candidates. Meta Vice President of Public Policy Brian Rice stated that the company will support state-level candidates who uphold America’s technological leadership. Additionally, LTF has publicly opposed New York State’s RAISE Act, claiming such regulations would weaken America’s leadership in AI. Currently, although Trump has attempted deregulation through executive orders, the RAISE Act was signed into law by New York Governor Kathy Hochul in December. (CNBC)