Trump Taps Arch-Technocrat David O. Sacks For A.I. & Crypto Czar

Posted By: Tyler Durden via ZeroHedge
December 5, 2024

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David Sacks is a arch-Technocrat who was part of the so-called PayPal Mafia that was founded by Peter Thiel. As a venture capitalist, he was an angel investor in companies like Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb. Now, he will be Trump’s czar on AI and Crypto policy.

Sacks joins other arch-Technocrats Elon Musk, Vivek Ramaswamy, Peter Thiel and his protege VP-elect, JD Vance. Trump is showing his true colors by bonding with Technocrats to “Make America Great Again.” Welcome to Technopopulism! ⁃ TN Editor

Donald Trump has named David Sacks as the “White House A.I. & Crypto Czar,” according to a Thursday night post on Truth Social.

“He will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the US,” Trump said in the post, adding that Sacks will “guild 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.”

Of note, Sacks has been buying Bitcoin since 2012:

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