President-elect Trump named former PayPal Chief Working Officer David Sacks to be his White House synthetic intelligence (AI) and cryptocurrency czar.
“On this essential function, David will information coverage for the Administration in Synthetic Intelligence and Cryptocurrency, two areas crucial to the way forward for American competitiveness,” Trump mentioned in his announcement Thursday night.
“David will deal with making America the clear world chief in each areas,” he mentioned.
Trump mentioned that Sacks would additionally prioritize “safeguarding” free speech and away from “Huge Tech bias and censorship.”
“He’ll safeguard Free Speech on-line, and steer us away from Huge Tech bias and censorship,” he mentioned.
“He’ll work on a authorized framework, so the Crypto business has the readability it has been asking for, and can thrive within the U.S. David will even lead the Presidential Council of Advisors for Science and Expertise.”
Sacks, a former PayPal government, has angel investments in a number of main companies, together with Fb, Uber, SpaceX, Airbnb and Palantir by his Craft Ventures fund.
His enterprise software program firm, Yammer, was acquired by Microsoft for over $1 billion in 2012.
