WASHINGTON – US President-elect Donald Trump names former PayPal chief operating officer David Sacks as the White House “AI and Crypto Czar.”
The wealthy tech entrepreneur will take on a newly created role advising the Trump administration on cryptocurrency and artificial intelligence.
“David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump says in a social media post.
“He will safeguard Free Speech online and steer us away from Big Tech bias and censorship.”
Sacks will also lead a presidential council of advisors on science and technology, according to Trump.
The entrepreneur, whose wealth has been estimated in the billions of dollars, is considered part of a so-called “PayPal Mafia” cadre of influential tech entrepreneurs that includes Elon Musk and Peter Thiel.
Sacks backed J.D. Vance as Trump’s running mate in the recent US presidential election, hosting Vance on his podcast in the process.
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