President-elect Donald Trump has announced the creation of a new White House position dedicated to shaping policy in the rapidly evolving fields of artificial intelligence (AI) and cryptocurrency.
Tech entrepreneur and investor David O. Sacks has been appointed to this role, which Trump calls the “White House A.I. & Crypto Czar.”
In his announcement, Trump emphasized the critical importance of AI and cryptocurrency for America’s future competitiveness on the global stage.
“I am pleased to announce that David O. Sacks will be the ‘White House A.I. & Crypto Czar,’” Trump stated. “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency—two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas.”
According to Trump, Sacks will have a broad mandate, including safeguarding free speech online and addressing concerns about bias and censorship from major technology companies.
He will also work to establish a legal framework to provide clarity for the cryptocurrency industry, enabling it to flourish within the U.S.
Additionally, Sacks will chair the Presidential Council of Advisors for Science and Technology, underscoring his role in influencing the administration’s