We Can’t Let Venture Capital Buy Off Our Democracy
Over the past 40 years, I’ve been privileged to play a leading role in three start-ups and be the first general partner hired by the venture capital firm Andreessen Horowitz. I saw how the internet democratized information, how the iPhone put a computer in everyone’s pocket, and how the cloud unleashed a tsunami of new software. Each wave showed that technology could be a powerful force for good, that the upstarts could win on the merits and that open competition and debate were values the tech industry welcomed and promoted.
Just as artificial intelligence is on the rise, that ethos is now under threat — and the threat is coming from inside Silicon Valley.
Some of the most powerful players in A.I. — led by some of my friends and former partners, to my great sadness — have raised hundreds of millions of dollars to forestall a more serious and meaningful debate about how A.I. should be governed. They have helped create political action committees to help defeat candidates who want strict regulations on A.I. and to promote those who can be counted on to stay out of their way. I believe this is a huge mistake.
That ship has sailed, hit an iceberg, and sunk.
Posting this in the NYT is extremely funny, given how many "Hello I am here from Wall Street and I am here to help" Op-Eds they've hosted.
Literally getting advice from the guy in the ghost mask in Scream.