Science and Technology Science and Technology
Fri, December 6, 2024
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[ 04:32 AM ] - MSN
PayPal Co-Founder David Sacks Named as First White House AI and Crypto Czar

PayPal Co-Founder David Sacks Named as First White House AI and Crypto Czar


Published on 2024-12-06 04:32:18 - MSN
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  • PayPal co-founder David Sacks has been appointed as Donald Trump's "White House AI and Crypto Czar." Trump said Sacks would work on giving the crypto

David Sacks, co-founder of PayPal, has been appointed as the first White House AI and Crypto Czar, a role aimed at navigating the complex landscape of artificial intelligence and cryptocurrency regulation. This appointment comes at a time when the U.S. government is increasingly focusing on regulating these rapidly evolving technologies to ensure innovation while protecting consumers and maintaining national security. Sacks, known for his entrepreneurial ventures and insights into tech policy, is expected to bridge the gap between Silicon Valley and Washington, D.C., influencing policy that could shape the future of AI and crypto in America. His role will involve coordinating with various federal agencies to develop a cohesive strategy for these technologies, addressing issues like data privacy, financial stability, and ethical AI development.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/cryptocurrencies/paypal-co-founder-david-sacks-named-as-first-white-house-ai-and-crypto-czar/ar-AA1vnkww ]
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