Billionaire Musk Crony Named AI And Crypto Czar

The Guardian reports:

Donald Trump announced on Thursday that he was nominating podcaster and former PayPal chief operating officer David Sacks to be his White House artificial intelligence and crypto czar, continuing a pattern of rewarding big donors with political power.

Sacks, a venture capitalist and Silicon Valley insider, hosted big spenders at his San Francisco mansion in June to support the Trump campaign, with tickets ranging up to $300,000 a head. The event reportedly raked in more than $12m.

He has also been closely linked with Elon Musk and helped to back his bid to acquire Twitter, the social media platform renamed X. The two tech titans reportedly joined together to push the president-elect to name JD Vance as his running mate.

Read the full article. The ninth billionaire picked by Trump.

Trump picks venture capitalist David Sacks as AI and crypto ‘czar’

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— The Guardian (@theguardian.com) December 6, 2024 at 2:33 AM

Donald Trump has tapped David Sacks as the White House AI and Crypto Czar.

Another South African billionaire.

Tell me again how Democrats are the party of “elites.”

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— Art Candee 🍿🥤 (@artcandee.bsky.social) December 5, 2024 at 8:22 PM