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Meet David Sacks: Trump’s New AI and Crypto Czar


President-elect Donald Trump has appointed David Sacks as his new head of artificial intelligence (AI) and crypto. Sacks will be responsible for guiding policy in these two critical areas during Trump’s second term. Trump described AI and crypto as essential for American competitiveness and stated that Sacks will focus on safeguarding free speech online, combating Big Tech bias and censorship, and providing a legal framework for the US crypto industry.

David Sacks, a South African-American tech entrepreneur and film producer, has an impressive background in the tech industry. He was a key player in the success of PayPal, which was eventually acquired by eBay for $1.5 billion. Sacks later founded Yammer, a social networking platform for businesses, which was acquired by Microsoft for $1.2 billion. He has since co-founded Craft Ventures in San Francisco, where he has invested in numerous successful tech companies.

In addition to his tech career, Sacks has also delved into film production, financing and producing the Golden Globe-nominated film “Thank You For Smoking.” He hosts the popular “All-In Podcast,” where he discusses technology, economy, politics, and social issues with industry experts.

Sacks, who was born in Cape Town and moved to the US at a young age, has been described as having the knowledge, business experience, intelligence, and pragmatism needed to drive success in AI and crypto policies for the US. His appointment as the new AI and crypto czar under President-elect Trump has generated significant interest and excitement in the tech and political spheres.

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Photo credit www.euronews.com

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