David Sacks, a venture capitalist and prominent tech figure, was appointed A.I. and Crypto Czar, signaling a lighter regulatory approach under the Trump administration.
Mr. Sacks has advocated for a less restrictive policy on cryptocurrency and artificial intelligence, believing these areas are crucial to American competitiveness in the global market.
Despite not wanting a full-time role, Sacks's influence is significant as Trump emphasizes leadership in technology, aiming to make the U.S. the leader in A.I. and crypto.
The decision to appoint a single overseer for A.I. and cryptocurrency consolidates policy efforts, representing a strategic choice within the Trump transition team.
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