Trump Targets Blockchain Policy Overhaul

President-elect Donald Trump is reportedly considering creating a dedicated “AI czar” position to coordinate federal policies and spearhead advancements in artificial intelligence (AI).

This potential move highlights Trump’s focus on maintaining the United States’ technological leadership.

Trump’s Intertwined Leadership in Crypto and AIThis role would focus on managing and coordinating federal AI policy, indicating a significant move towards centralizing AI governance in the US government.

Sources suggest that Elon Musk, who already plays a significant role in Trump’s Department of Government Efficiency (DOGE), could heavily influence the selection. However, he is unlikely to assume the role directly.

The proposed AI czar would collaborate with agency artificial intelligence officers, a structure established by President Joe Biden’s executive order. The office would ensure the US stays at the forefront of AI innovation. It would also address critical challenges such as government efficiency and fraud prevention.

Further, the AI czar’s office would also guide private investments to expand the energy and computational resources required for artificial intelligence. These objectives align with Trump’s broader technological and economic ambitions, which prioritize deregulation and private-sector growth.

“Appointing an AI czar signals that the incoming administration is placing AI at the forefront of its agenda- and rightly so. As the lead for federal AI efforts, the Czar should focus on two key priorities to help fulfill the president-elect’s economic goals: accelerating adoption and safeguarding US competitiveness,” the Center for Data Innovation said in a statement.

It only came days after reports that Trump was also planning a parallel initiative in the digital asset sector with the appointment of a “crypto czar.”

#Trump #CryptoRegulation #Bitcoin #Altcoins