David Sacks, a venture capitalist and former PayPal COO, has been appointed as the United States’ first Artificial Intelligence and Crypto Czar by President-Elect Donald Trump. Sacks will collaborate with Elon Musk, who will lead the Department of Government Efficiency. His role involves establishing a legal framework for the cryptocurrency industry and ensuring U.S. leadership in AI and crypto. The position requires no asset disclosure and allows him to serve up to 130 days annually. Sacks will act as a liaison between the crypto sector, Congress, and federal agencies, guiding policy on AI and its implications for national security and privacy.