00:00It's Benzinga bringing Wall Street to Main Street.
00:02Former Andreessen Horowitz partner John O'Farrell published a New York Times op-ed
00:06criticizing the AI industry's effort to block regulation, calling it a huge mistake,
00:12according to CNBC. O'Farrell, who left the firm in 2025 after nearly 15 years,
00:18targeted the Leading the Future PAC, which has raised over $125 million to support candidates
00:24who back a forward-looking approach to AI. O'Farrell wrote that the PAC exists to
00:29intimidate politicians who engage too aggressively with questions of AI governance.
00:34He compared the strategy to the crypto industry's successful push to elect industry-friendly
00:38politicians. Trump signed an AI executive order last week asking companies to voluntarily share
00:44models with the federal government. O'Farrell said, balanced regulation requires earning trust,
00:50not silencing debate. For all things money, visit Benzinga.com.
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