Who is David Sacks, Trump’s crypto and AI chief?

By Free Republic | Created at 2024-12-06 21:52:51 | Updated at 2024-12-23 02:34:28 2 weeks ago
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Who is David Sacks, Trump’s crypto and AI chief?
The Hill ^ | 12/06/24 3:42 PM ET | by Julia Shapero

Posted on 12/06/2024 1:32:38 PM PST by RandFan

Venture capitalist David Sacks has been tapped to serve as President-elect Trump’s White House czar for artificial intelligence (AI) and cryptocurrency, taking on a newly created role to lead the administration’s policy on the two technologies.

“David will focus on making America the clear global leader in both areas,” Trump wrote in a post on Truth Social on Thursday night. “He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.”

Sacks, who will also lead the Presidential Council of Advisors for Science and Technology, has been a key voice of support for Trump in Silicon Valley.

He got his start in the tech world in 1999 at PayPal, where he became chief operating officer. He and several of the other early members of the company would go on to found other successful tech firms, leading to their nickname — the “PayPal mafia.”

This group includes former PayPal CEO Peter Thiel, LinkedIn co-founder Reid Hoffman, Yelp co-founder Jeremy Stoppelman and, most notably, billionaire tech mogul and close Trump ally Elon Musk.

After leaving PayPal, Sacks founded Yammer, an enterprise social networking platform, that was acquired by Microsoft for $1.2 billion in 2012.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Chit/Chat; Computers/Internet; Conspiracy
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Hmm... Sounds interesting!

1 posted on 12/06/2024 1:32:38 PM PST by RandFan


To: RandFan

“newly created” does not sound good to me. We need to uncreate gubmint jobs.


2 posted on 12/06/2024 1:48:06 PM PST by exnavy (See article IV section 4 of our constitution.)


To: RandFan

David Sacks and Peter Thiel wrote a book

The Diversity Myth

almost 30 years ago. It's worth reading.

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