Stephen Lynch: “The crypto industry spent 200, close to $250 million up here…”

“There's tremendous resources, as you know, being poured into AI I just hope that the course of regulation does not meet the same fate that the regulation of crypto did, where The crypto industry spent 200, close to $250 million up here on Capitol Hill, and they got the bill they wanted. If that happens, if. If that happens with AI we are in serious existential trouble, not only in this country, but in this world.” (04:17–04:26)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.