On December 5, President Donald Trump appointed David Sacks as the “White House AI and Crypto Czar.” A noted venture capitalist and member of the “PayPal Mafia,” Sacks is expected to promote a pro-industry, deregulatory approach to AI and cryptocurrency, opposing stringent regulations that could hinder innovation. He will serve part-time while continuing his work in venture capital. Sacks plans to focus on making the U.S. a global leader in AI and crypto, supporting investments in research and development. His appointment signals a shift towards pro-technology policies, although the extent of his influence remains uncertain.

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