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What Trump's New AI and Crypto Czar David Sacks Means For the Tech Industry


Published on 2024-12-07 18:42:15 - Time
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  • "A whole-of-government approach that collaborates closely with private industry is essential to winning the AI race, and a designated AI leader in the Administration can help do that," Tony Samp, the head of AI policy at the law firm DLA Piper, tells TIME.

David Sacks, a prominent Silicon Valley entrepreneur and investor, has been floated as a potential "AI and crypto czar" in a hypothetical second Trump administration. Known for his early involvement with PayPal and his current role at Craft Ventures, Sacks has become increasingly vocal about his political views, particularly his support for Donald Trump. His potential role would focus on leveraging his tech expertise to navigate the complex regulatory landscapes of artificial intelligence and cryptocurrency. Sacks has criticized the current administration's approach to these technologies, arguing for less regulation to foster innovation. His appointment would signal a significant shift towards a more tech-friendly policy environment, aiming to reduce what he perceives as stifling regulations on AI and crypto, thereby promoting technological advancement and economic growth.

Read the Full Time Article at:
[ https://time.com/7200518/david-sacks-new-white-house-ai-crypto-czar-trump-administration/ ]