<\/p>\n
Venture capital firm Andreessen Horowitz (a16z) is hoping to push pro-crypto and AI regulation forward with seemingly new strategy: Throwing money at politicians.<\/p>\n
\u201cIf a candidate supports an optimistic technology-enabled future, we are for them. If they want to choke off important technologies, we are against them,\u201d wrote Ben Horowitz, one of the firm\u2019s founders, in a Dec. 14 post, adding: <\/p>\n
\u201cEvery penny we donate will go to support like-minded candidates and oppose candidates who aim to kill America\u2019s advanced technological future.\u201d<\/p><\/blockquote>\n
Horowitz said it would be the \u201cfirst time\u201d a16z pursues the lobbying route to promote tech-friendly politicians. However, it reportedly held a fundraiser for a New York congressman in October 2022, according to Forbes.<\/p>\n
Horowitz, in particular, highlighted blockchain-based technologies and artificial intelligence as two technologies that can make for a better world.<\/p>\n
Decentralized technologies \u201cwill create a fairer, more inclusive economy\u201d than what the centralized Big Tech firms have achieved, Horowitz noted, while AI \u201chas the potential to uplift all of humanity\u201d to a standard of living never experienced before.<\/p>\n
Avalanche, Coinbase, Dapper Labs, Lido Finance, Nansen, OpenSea, Uniswap and Worldcoin are some of the cryptocurrency startups that a16z has invested in.<\/p>\n
\nJust a few things we’re excited for in crypto (2024): <\/p>\n
\u2192 Entering a new era of decentralization
\u2192 Resetting the UX of the future
\u2192The rise of the modular tech stack
\u2192 AI + blockchains come together
\u2192 Play to earn becomes play and earn
\u2192 When AI becomes the gamemaker,\u2026 pic.twitter.com\/fiL4Eahwuy<\/a><\/p>\n