According to a statement from U.S. President-elect Trump, he will appoint David O. Sacks as the White House's first 'AI and Crypto Czar,' responsible for guiding U.S. policy and regulatory affairs in the fields of AI and cryptocurrency. Additionally, David O. Sacks will lead the Presidential Council of Advisors for Science and Technology, providing the government with strategic advice related to technology.
Trump wrote in a statement:
David's focus will be to make the United States a clear global leader in these two areas. He will work to protect free speech on the internet and guide us away from the influence of big tech company bias and censorship. He will also establish a legal framework to provide the clarity that the cryptocurrency industry has long sought, enabling the industry to thrive in the United States.
David Oliver Sacks is the co-founder of the venture capital firm Craft Ventures, focusing on internet technology. Throughout his career, he has served as the Chief Operating Officer and Product Lead at PayPal, and has invested in several successful technology companies, including Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb.
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