President-elect Trump has named former PayPal chief operating officer David Sachs to be the White House's artificial intelligence (AI) and cryptocurrency czar.
“In this important role, David will guide the administration's policy in artificial intelligence and cryptocurrencies, two areas critical to America's future competitiveness,” President Trump said in a statement Thursday night. said.
“David will focus on making the United States the clear world leader in both areas.”
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Former Yammer CEO David Sacks speaks on stage at the Republican National Convention in Milwaukee on July 15. (Ricky Carioti/The Washington Post via Getty Images)
Trump said Sacks would also prioritize “protecting” free speech and distancing it from “Big Tech bias and censorship.”
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“He will protect free speech online and steer us away from Big Tech's bigotry and censorship,” he said. “He will work on the legal framework so the cryptocurrency industry can have the much-needed transparency and thrive in the United States. David will also lead the President's Council of Science and Technology Advisers. ”
President-elect Trump has named former PayPal chief operating officer David Sachs to be the White House's artificial intelligence (AI) and cryptocurrency czar. (Getty Images)
Sachs, a former PayPal executive, has made angel investments in several major companies through his Craft Ventures fund, including Facebook, Uber, SpaceX, Airbnb, and Palantir.
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His enterprise software company Yammer was acquired by Microsoft in 2012 for more than $1 billion.
