Odaily Planet Daily News AI and Crypto Tsar David Sacks posted on platform X denying reports of a role change: "Some traditional media reported tonight that my role has changed, which is completely incorrect. I expect to spend half of my time in Washington guiding policy and the other half in Silicon Valley." Previously, according to Fortune, insiders from the transition team revealed that last week the position was downgraded from a leadership role to a general advisory role, partly because Sacks was reluctant to detach from the investment company Craft Ventures and did not want to go through a formal appointment process. In the future, Michael Kratsios will lead technology policy work, while Sacks will provide policy ideas. Despite the change in position, Sacks remains influential, often active in Florida and San Francisco, and meeting with lawmakers. His appointment has raised concerns over conflicts of interest, but some in Silicon Valley are optimistic, believing it may benefit startups; however, there are also doubts about his professionalism and concerns over policy directions.