04/01/24 04:04

Will generative algorithms threaten democracy or are they getting a bad rap?

With no competitive primaries scheduled until February 24th, campaign insiders and the media have been diving into year-end fundraising reports for the major candidates and their parties. While most coverage focused on Team Trump’s spending over $50 million of contributors’ money on legal expenses last year, a close look at the numbers shows that both candidates (as well as the parties) are lagging from this same time in 2020.

The advantage for the Biden camp is that they aren’t having to spend as much without a primary opponent — but is it really an advantage?

Of course, you’ve heard of the saying “you have to spend money to make money.” If you’re not sure that it’s true just ask whoever heads up your marketing department.

Does the concept apply to political campaigns as well? For years, candidates and their consultants have been trained to hold onto campaign funds for as long as possible — for all sorts of reasons. But even without a primary, now may be the time for Biden’s camp to spend on ads and capitalize on recent jobs reports and other strong economic data.