philip lelyveld The world of entertainment technology

19Mar/26Off

Cryptocurrency and AI industries tested their influence in Illinois. It didn’t go well

The artificial intelligence and cryptocurrency industries spent big and lost often in this week's Illinois primaries, an early setback for technology firms that are trying to reshape the midterm elections and establish themselves as power players in American politics.

The companies flooded the state's Democratic primaries with millions of dollars to promote candidates they believed would have a light touch when it came to regulating technologies that have begun to upend how people do their jobs and manage their finances. ...

But the coy strategy did not stop the AI and crypto industries' interventions from becoming a lightning rod in the rowdy primaries in Illinois, where there was a rare glut of open seats that led to competitive races. ...

See the full story here: https://www.pbs.org/newshour/politics/cryptocurrency-and-ai-industries-tested-their-influence-in-illinois-it-didnt-go-well

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