President-elect Donald Trump has appointed venture capitalist David Sacks as the White House's advisor on artificial intelligence and cryptocurrency. Sacks, who worked with Elon Musk at PayPal, is known for his support of Trump and is expected to help create a legal framework for the cryptocurrency industry.
President-elect Donald Trump has named venture capitalist David Sacks as the White House’s artificial intelligence and cryptocurrency tsar, the latest confidant of Elon Musk to receive a top appointment in the new government. Sacks, who was an early employee alongside Musk at PayPal, is a co-host of the All-In podcast and emerged as one of the earliest and most vocal Silicon Valley supporters of Trump, hosting a fundraiser for the candidate in San Francisco in June.
Trump’s position on AI is less clear, but in his first term he issued an executive order “committed to strengthening American leadership in AI” and many in the sector anticipate lighter regulation. Sacks threw his weight behind Trump on social media and via his podcast during the campaign. His support earned him a speaking slot at the Republican National Convention in July.
DONALD TRUMP DAVID SACKS ARTIFICIAL INTELLIGENCE CRYPTOCURRENCY REGULATION
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