Facebook’s parent company, Meta Platforms, announced on Aug. 26 that it would launch a new political action committee (PAC) in California to endorse candidates, regardless of party affiliation, who support artificial intelligence (AI) innovation and a more lenient stance on regulation.
The tech giant is launching the Mobilizing Economic Transformation Across (Meta) California super-PAC, which will back candidates for state offices who favor AI development over strict regulation, a Meta spokesperson told The Epoch Times.
“As home to many of the world’s leading AI companies, California’s innovation economy has an outsized impact on America’s economic growth, job creation, and global competitiveness. But Sacramento’s regulatory environment could stifle innovation, block AI progress, and put California’s technology leadership at risk,” Meta Vice President of Public Policy Brian Rice said in a statement….