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April 27, 2024
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Andreessen Horowitz will pay politicians to deregulate AI and crypto

Prominent venture capital firm Andreessen Horowitz (a16z)’s co-founder, Ben Horowitz, has announced that the company would start lobbying in the US to ensure that the growth of new technologies, including AI and crypto, is not obstructed by regulations and policies.

“If a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them,” Ben Horowitz said in a recent blog post.

While Horowitz claimed that this would be the first time the company has decided to involve itself in political lobbying directly, the firm organized a fund-raiser for a New York Congressman for pro-crypto policies in October 2022.

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