Right-wing crypto investor David Sacks to steer Trump’s policies on AI and crypto

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Right-wing crypto investor David Sacks to steer Trump’s policies on AI and crypto
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President-elect Donald Trump has named David Sacks as the White House AI and crypto czar.

Donald Trump announced Thursday he intends to make tech investor David Sacks his cryptocurrency and artificial intelligence “czar,” essentially giving Sacks the reins to steer the administration’s policy on both fronts. The position would enable Sacks to potentially recommend that artificial intelligence be used in ways that could allow Trump and his crypto bro backers to enrich themselves and worsen inequality.

More relevant to his proposed portfolio, Sacks launched an artificial intelligence company called Glue this year and is known to be a major investor in cryptocurrencies, which would seem likely to create some conflicts of interest if he’s steering the administration’s AI and crypto policies. The New York Times, citing Sacks’ company, reports that the “position is not full time,” so it’s unclear right now whether Sacks’ role will carry any real weight or be simply advisory.

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