Trump says venture capitalist David Sacks will be AI and crypto 'czar'
David Sacks has been appointed as the White House A.I. & Crypto Czar, focusing on U.S. leadership in AI and cryptocurrency, creating legal frameworks, and addressing Big Tech concerns.
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Venture capitalist David Sacks has been appointed as the "White House A.I. & Crypto Czar" by President-elect Donald Trump. This announcement was made on Truth Social, where Trump stated that Sacks will focus on establishing the U.S. as a global leader in artificial intelligence and cryptocurrency. His responsibilities will include creating a legal framework for cryptocurrency and leading a presidential council on science and technology. Trump's post emphasized Sacks' commitment to safeguarding free speech online and addressing concerns about Big Tech bias and censorship. Sacks, who has previously been critical of Trump, notably hosted a fundraiser for him earlier this year, indicating a shift in his political alignment. He is known for his role in the tech industry, having sold Yammer to Microsoft for $1.2 billion and being part of the "PayPal mafia." Sacks also co-hosts the popular "All-In" podcast, which discusses various economic and political issues.
- David Sacks appointed as White House A.I. & Crypto Czar.
- Focus on making the U.S. a leader in AI and cryptocurrency.
- Responsibilities include creating a legal framework for crypto.
- Sacks previously critical of Trump but has shifted support.
- Known for his role in tech and co-hosting the "All-In" podcast.
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