Mintz Antitrust Practice & ML Strategies
December 12, 2024
By Mintz D. Sokler, Alexander Hecht, Christian Fjeld, and Matthew Tikhonovsky
On December 5, incoming President Donald Trump announced that David Sacks, a prominent Silicon Valley investor and venture capitalist and co-founder of an AI company, will serve as the “White House AI & Crypto Czar.” He is likely to oppose regulations to AI that may stifle the emerging technology in its cradle, while also supporting investments in AI research and development. Sacks will take on the advisory role part-time while still working at his venture capital fund, and in addition to overseeing AI policy, he will also lead the Trump administration’s approach to cryptocurrency.
In this week’s edition of AI: The Washington Report, we explore what Sacks’ appointment signals for the Trump administration’s priorities on AI and cryptocurrency regulation.