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Trump names David Sacks as AI and crypto czar

Source: theverge.com

David Sacks, a tech investor and PayPal Mafia member, is appointed as the White House's first AI and crypto czar.
The role focuses on creating a federal framework for AI safety and promoting U.S. leadership in crypto.
This move signals the Trump administration's push to counter China's tech dominance through innovation-friendly policies.

David Sacks has been tapped by President-elect Trump to serve as the White House's AI and crypto czar, a newly created position to shape U.S. policy on artificial intelligence and cryptocurrency. Sacks, known for his roles at PayPal, Yammer, and as a Craft Ventures partner, will lead efforts to establish regulations that boost American competitiveness. The appointment highlights the incoming administration's priority on tech innovation amid global rivalries, especially with China.