<2> Inside the War Over Who Writes America’s AI Rules
<3> Silicon Valley Rivals Engage in Spending Blitz for Control of Congress and State Capitols
The future of artificial intelligence (AI) in the United States is being shaped by a high-stakes battle between Silicon Valley giants and their lobbyists, who are pouring millions of dollars into the 2024 elections to influence the writing of AI rules and regulations. As the industry’s influence grows, so does the competition for control of Congress and state capitols.
<4> The Tech Lobby’s Spending Blitz
The tech industry has long been a major player in Washington, D.C., but its influence has grown exponentially in recent years as AI has become a critical component of the economy. Companies like Google, Amazon, and Microsoft are now among the largest spenders in politics, with their lobbyists working tirelessly to shape the narrative around AI and its regulation.
<5> A Look at the Numbers
According to a recent report by Bloomberg, the tech industry has spent over $1 billion on lobbying in the past year alone, with a significant portion of that going towards efforts to influence AI policy. The report notes that Google has spent over $20 million on lobbying, while Amazon has spent over $15 million.