The Industry That Shared SBF’s Donor Circles Is Now Using His Name Against This Politician
Summary
Pro-technology PACs, specifically those backed by the AI industry, are actively campaigning against New York Assemblymember Alex Bores in the Democratic primary. They are utilizing a strategy similar to that employed by the crypto industry in 2024, associating Bores with Sam Bankman-Fried (SBF), the convicted founder of FTX, due to shared donor circles. This tactic aims to capitalize on the negative perception of SBF and portray Bores as aligned with a discredited figure. The attacks stem from Bores’ legislative record, particularly his RAISE Act, which mandates safety checks and public disclosure for AI models. Leading the Future, the Super PAC orchestrating the campaign, shares operational leadership with Fairshake, a cryptocurrency-focused PAC, and is backed by prominent figures in the AI industry like Greg Brockman and Andreessen Horowitz. The race is viewed as a test of how aggressively Big Tech will target supporters of AI regulation.
(Source:BeInCrypto)