a16z PAC Targets AI Regulation

What happened

Leading the Future, a super PAC supported by Andreessen Horowitz and OpenAI, initiated a campaign against New York Assembly member Alex Bores. This action targets Bores for co-sponsoring the RAISE Act, which mandates AI firms to disclose safety protocols and serious incidents, and allows for potential civil penalties. The PAC contends this legislation could 'handcuff' the US AI industry, while Bores characterises it as 'light-touch' regulation for AI safety.

Why it matters

The campaign against the RAISE Act introduces a potential constraint on the implementation of explicit AI safety and incident reporting controls. Should such legislative efforts be impeded, it increases exposure to less formalised AI operational risks and raises due diligence requirements for internal AI governance frameworks. This primarily impacts compliance, risk management, and AI development teams responsible for ensuring ethical and safe AI deployment.