President-elect Donald Trump has appointed venture capitalist David Sacks to oversee artificial intelligence and crypto policy initiatives for his second term, marking a significant shift in the U.S.’s approach to emerging technologies.

Trump announced the appointment through his Truth Social platform on Thursday, positioning Sacks, co-founder of Craft Ventures LLC, to lead the newly created technology czar position.

“I am pleased to announce that David O. Sacks will be the ‘White House A.I. & Crypto Czar,’” Trump said in his post. “He will safeguard free speech online and steer us away from Big Tech bias and censorship. He will work on a legal framework so the crypto industry has the clarity it has been asking for and can thrive in the U.S.”

David will also lead the Presidential Council of Advisors for Science and Technology, Trump said.

Sacks is set to guide policy for both AI and crypto, which Trump notes are “two areas critical to the future of American competitiveness.”

The appointment supports Trump’s shifting stance on digital assets, contrasting with his previous skepticism when he described Bitcoin as “highly volatile and based on thi

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Author: Vince Dioquino

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