David Sacks, the AI and crypto expert in Donald Trump’s White House, dismissed a media report that his role has changed. Sacks stated that he will spend 50% of his time creating policy in Washington DC and 50% in Silicon Valley to stay in touch with advanced technological developments such as artificial intelligence and cryptocurrency.
Cryptocurrency Mission Continues
David Sacks announced on December 21 that his role remains the same on the X platform. The newly appointed AI and crypto expert said he will take a leadership role in determining policies and regulations for technologies such as artificial intelligence and crypto.
Fortune reported that the AI and crypto expert role has evolved into more of a general advisory position rather than the clear leadership role originally expected. The media stated that Trump spoke with two people from the inner workings of the Vance transition team. The reason for the downsized role was that Sacks did not leave investment firm Craft Ventures.
Sacks’ Work Plan
Sacks dismissed the report, saying, “This is complete nonsense.” He also emphasized that he will spend 50% of his time directing policy in Washington, DC, and 50% of his time staying at the forefront of technological developments in Silicon Valley. This is consistent with the work plan requested by Sacks, he said.
Sacks’ statements indicate that the changes to his role are not real and that he will continue to act according to his original job description. Contrary to media claims, Sacks will continue his duties of developing policy and staying in touch with technological innovations.
Sacks’ work plan aims to closely follow developments in artificial intelligence and crypto and ensure that government policies are compatible with these technologies. This approach can play an important role in integrating technological innovations into government policies.
This balance between technology and policy is likely to be a key focus during Sacks’ tenure. His active presence in both government and the tech hub will enable him to play an influential role in both policy and technology.
In light of these developments, Sacks’ role and modus operandi may be decisive in future policy and technology integrations. Sacks’ experience and connections could have a significant impact on the next steps in AI and crypto.
Overall, David Sacks’ statements indicate that his role has not been changed and that he will remain true to his previous plans. This situation can be considered as a positive development in terms of providing stability for future studies in the fields of AI and crypto.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
