Donald Trump plans to appoint David Sacks as AI 'Czar' with Elon Musk as head of a Department of Government Efficiency, potentially impacting OpenAI. Both Sacks and Musk have been critical of OpenAI, and their new roles could allow them to influence government AI contracts and regulations to favor their own interests. This development comes as OpenAI is undergoing significant changes, including a potential shift to a for-profit structure. The situation highlights the complex interplay between business interests and government regulation in the AI sector.
David Sacks, appointed by President-elect Donald Trump to oversee AI and cryptocurrency policy, is known for his tech-friendly stance and skepticism towards government regulation. Despite lacking deep ties to these industries, Sacks is expected to keep the U.S. at the forefront of innovation and protect emerging technologies from perceived censorship and bias.
President-elect Donald Trump has appointed David Sacks as his new head of artificial intelligence and cryptocurrency policy. Sacks, a tech entrepreneur and member of the "PayPal Mafia," will focus on safeguarding free speech online, addressing Big Tech bias, and establishing a legal framework for the US crypto industry. He will also lead the Presidential Council of Advisors for Science and Technology. Sacks has a background in tech and film production, having co-founded companies like Yammer and invested in numerous tech ventures.
David Sacks, a venture capitalist and former PayPal executive, has been appointed by President-elect Donald Trump as the White House AI & Crypto Czar, a role aimed at positioning the U.S. as a leader in these fields. The crypto industry has welcomed the appointment, seeing it as a positive shift from the previous administration's regulatory challenges. Sacks will lead a council to develop policies and a legal framework for crypto businesses, working with agencies like the SEC and CFTC. His appointment is seen as aligning with Trump's crypto-friendly campaign promises.
Ahead of the November jobs report, U.S. stock futures remain flat, with economists expecting a rebound in employment figures. Lululemon shares rise after strong revenue growth and an improved sales forecast, while Docusign's stock surges following a quarterly profit that exceeded expectations. President-elect Donald Trump appoints David Sacks as "White House A.I. & Crypto Czar" to guide policy on artificial intelligence and cryptocurrency.
President-elect Trump has appointed David Sacks, a Silicon Valley veteran and ally of Elon Musk, as the "White House AI & Crypto Czar." Sacks, known for his conservative-libertarian views, will focus on promoting and deregulating cryptocurrency, reversing Biden's AI policies, and competing with China in AI. His role as a special government employee allows him to avoid confirmation hearings and financial disclosures, raising concerns about potential conflicts of interest as he continues to run his private ventures.
President-elect Donald Trump has appointed David Sacks, a tech entrepreneur and former PayPal COO, as the White House Artificial Intelligence and Crypto Czar. Sacks, a longtime ally of Elon Musk, will focus on advancing U.S. leadership in AI and cryptocurrency, safeguarding free speech online, and developing a legal framework for the crypto industry. He will also lead the Presidential Council of Advisors for Science and Technology.
Former President Donald Trump has appointed David Sacks to oversee initiatives related to cryptocurrency and artificial intelligence. This move highlights the growing importance of these technologies in political and economic strategies.
Donald Trump has appointed former PayPal COO David Sacks as his top adviser on artificial intelligence and cryptocurrency, dubbing him the 'White House A.I. & Crypto Czar.' Sacks, a major Trump supporter, will focus on creating a legal framework for the crypto industry and addressing online speech and tech bias. This move aligns with Trump's pro-crypto stance and follows other similar appointments, including Elon Musk and Paul Atkins.
President-elect Trump has appointed David O. Sacks, a tech investor and ally of Elon Musk, as the "AI & crypto czar" to shape U.S. technology policy. Sacks, known for his controversial tech background and co-hosting the "All In" podcast, will focus on safeguarding free speech online and developing a legal framework for the cryptocurrency industry. His appointment highlights the growing influence of tech entrepreneurs like Musk and Peter Thiel in government. However, the role's official structure and authority remain unclear, and Sacks' past controversies have sparked mixed reactions.
Donald Trump has appointed venture capitalist David Sacks as the White House AI and Crypto Czar, a new position aimed at enhancing U.S. leadership in artificial intelligence and cryptocurrency.
President-elect Donald Trump has appointed venture capitalist David Sacks, an ally of Elon Musk, as the White House's AI and cryptocurrency tsar. Sacks, a former PayPal colleague of Musk and a vocal Trump supporter, will focus on creating a legal framework for the crypto industry and addressing AI regulation. His appointment strengthens ties between Trump's administration and Silicon Valley, traditionally a Democratic stronghold. Sacks's role is advisory, allowing him to maintain his venture capital activities.
Venture capitalist David Sacks has been appointed by President-elect Donald Trump as the "White House A.I. & Crypto Czar," tasked with shaping policies on artificial intelligence and cryptocurrency. This move highlights the Trump administration's focus on technology leadership and support for crypto-friendly policies. Sacks, a former critic of Trump, has become a supporter, hosting a high-profile fundraiser for him. His appointment reflects the administration's inclination to reward Silicon Valley figures who backed Trump's campaign.
Former President Donald Trump is set to attend a fund-raiser hosted by tech entrepreneur David Sacks in San Francisco's Pacific Heights, marking a significant shift in Silicon Valley's political landscape. The event, expected to raise over $12 million, symbolizes growing discontent among tech entrepreneurs with the Democratic Party and President Biden's administration.
Business leaders, including Sequoia founder Shaun Maguire and Elon Musk, have voiced their support for former President Trump following his conviction in a New York criminal trial. Maguire donated $300,000 to Trump's campaign, calling it an important election and expressing his disillusionment with previous choices. Musk and others criticized the ruling, arguing it damages public faith in the U.S. justice system.
