The recent meeting between AI executives and U.S. Senators indicates that Washington is now focused on AI technology. The industry can learn from how the government approached crypto assets to understand how it will approach AI. Unlike crypto, AI’s applications are broader and more tangible. However, the AI industry will face skepticism from lawmakers and will need to prove its intentions. With weakened media gatekeepers, the public is vulnerable to disinformation, making it more difficult for lawmakers to craft effective policies. The AI industry must also be prepared for financial policy challenges that surpass those faced by the crypto industry. To avoid regulatory hurdles, the AI industry should leverage its advantages, such as its massive capital, to run a public affairs campaign that highlights the benefits of AI technology and appeals to everyday Americans. This campaign should focus on winning favor at home rather than solely targeting lawmakers in Washington. By taking a different approach than the crypto industry, the AI industry can navigate the political landscape more effectively.
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