Trump Appoints David Sacks as AI and Crypto Advisor
December 6, 2024 - 04:10
In a significant move, former President Donald Trump has appointed David Sacks as the White House's new advisor on artificial intelligence and cryptocurrency. Sacks, who previously served as the COO of PayPal, is well-known in Silicon Valley and has established strong connections with influential figures such as Elon Musk and Peter Thiel.
This appointment comes at a time when the U.S. government is increasingly focused on the regulation and development of emerging technologies like AI and cryptocurrency. Sacks is expected to leverage his extensive experience in the tech industry to help shape policies that balance innovation with necessary oversight. His relationships with key players in the tech world could also facilitate collaboration between the private sector and government agencies.
As the landscape of technology evolves rapidly, Sacks' role will be crucial in navigating the complexities of these industries. His insights and leadership may play a pivotal role in determining the future direction of AI and cryptocurrency in the United States.
MORE NEWS
June 9, 2026 - 00:25
Have a business idea? You can pitch it and win money.Participants will have one minute to present their idea to a panel of judges. The goal is to explain the business clearly and convincingly in a short time. Winners will receive hundreds of dollars...
June 8, 2026 - 01:44
BUSINESS MONDAY: Spotlight on Torrico Electric and Grenergy Solar—vertically integrated for holistic design, install, and serviceFounded in 1985, Torrico Electric has spent nearly four decades building a reputation for reliable electrical work. In recent years, the family-owned company has expanded its focus to include...
June 7, 2026 - 18:00
Inside Intel's AI chip factory where humans are the greatest threatI walked through Intel`s sprawling chip factory in Oregon, a facility where robots far outnumber human workers. The air is filtered to near-surgical cleanliness, and every person inside wears a...
June 7, 2026 - 12:20
Exclusive | The U.S. Needs Mechanics and Electricians. Big Business Is Spending to Create Some.Bloomberg Philanthropies has announced a new $90 million initiative aimed at tackling a growing shortage of skilled tradespeople in the United States. The program includes a notable partnership...