alt Hacker NewsIt seems like the empirical fact that lobbying is cheap is at odds with your apparent assumptions about the value companies gain from lobbying. Does that fact make you rethink your notion of what lobbying actually entails?
Lobbying is cheap because it’s just making powerpoint presentations to Congressional staffers. It’s helping them identify where the pre-existing political fault lines are and arming them with ammo for fights that will play out according to existing ideological positions. “K Street lobbyists” don’t even bill at the rates you see for corporate lawyers. $3 million per six months is what a company like Anthropic might burn in a single B2B lawsuit.
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If it's just making powerpoint presentations why do AI companies whose whole raison d'etre is that they can make these powerpoints in seconds for pennies spend millions on lobbying instead? Lobbying is cheap because it identifies the relatively small number of leverage points it takes to send society down one track instead of another and targets the spending there. Buy the right guy dinner and you get what you want just the same as if you'd spent billions on ads to convince millions of people to vote for the guy who's gonna do what you want.
> Lobbying is cheap because it’s just making powerpoint presentations to Congressional staffers.
No. It is not. For starters, ask anybody who works at a DC restaurant or sporting venue.
> just making powerpoint presentations to Congressional staffers
And how does one get the access to do that?