In a recent move, Donald Trump appointed David Sacks as the "White House AI and Crypto Czar". This decision indicates the administration's focus on overseeing regulation in the AI and cryptocurrency sectors. Sacks' role will be pivotal in shaping policy in these rapidly evolving industries.
Trump's selection follows the announcement of a new chairman for the Securities and Exchange Commission (SEC), expected to take office in January. This dual approach shows the administration's commitment to maintaining a balanced regulatory environment as technological advancements continue to grow.