President-elect Trump named former PayPal Chief Working Officer David Sacks to be his White Home synthetic intelligence (AI) and cryptocurrency czar.
“In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump stated in his announcement Thursday night.
“David will focus on making America the clear global leader in both areas,” he stated.
Trump stated that Sacks would additionally prioritize “safeguarding” free speech and away from “Big Tech bias and censorship.”
“He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship,” he stated.
“He will work on a legal framework, so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S. David will also lead the Presidential Council of Advisors for Science and Technology.”
Sacks, a former PayPal govt, has angel investments in a number of main companies, together with Fb, Uber, SpaceX, Airbnb and Palantir via his Craft Ventures fund.
His enterprise software program firm, Yammer, was acquired by Microsoft for over $1 billion in 2012.
