David Sacks’ ‘AI czar’ role deepens ties between White House and VC
Craft Ventures co-founder and “PayPal Mafia” member David Sacks was tapped by the Trump transition team Thursday to be the “White House AI & Crypto Czar,” the administration’s latest move to bring tech allies into the fold.
The growing collaboration between venture capital—and in particular allies of Musk and Vice President-elect J.D. Vance—with the presidential administration has raised new potential conflicts of interest in an industry that has typically steered clear of politicking.
Sacks is also a personal investor in SpaceX, a robotics and aerospace company and major defense contractor founded by Elon Musk.
Craft has also made several recent bets on AI technology, including Elon Musk’s foundation model company xAI, B2B enterprise software startup Glean, and Neuralink, another Musk company developing brain-computer interfaces to target paralysis disorders.
Sacks’ appointment also includes heading up the President’s Council of Advisors on Science and Technology, unpaid appointees with broad mandates to advise the president.
Trump wrote on Truth Social that Craft “will safeguard Free Speech online, and steer us away from Big Tech bias and censorship” in addition to working on a legal framework for the crypto industry.
https://pitchbook.com/news/articles/david-sacks-trump-white-house-craft-ventures
anons be like, 'meh. winning.'
proof that qanon is qomp'd.