
David Sacks spent his days as Donald Trump’s AI and cryptocurrency czar.
The longtime entrepreneur, investor and podcaster confirmed in an interview with Bloomberg on Thursday that his 130-day non-consecutive career as a special civil servant is over and that he will now co-chair the President’s Council of Advisors on Science and Technology (PCAST) with White House chief technology adviser Michael Kratsios.
“I think moving forward as co-chair of PCAST will allow me to now make recommendations on a wide range of technology topics, not just AI,” he told Bloomberg via video interview. “Yes, this will be part of how I move forward.”
What this means in practice is that Sacks will be much further removed from the centers of power in Washington than he has been since the start of this second Trump administration. As AI czar, Sacks had a direct line to Trump and participated in policy formulation. PCAST is a federal advisory body, so while it studies issues, writes reports, and sends recommendations down the chain, it doesn’t make policy.
The committee has existed in some form since FDR, but Sacks told Bloomberg that this particular iteration has “the most star power of any group like this” ever assembled, and it’s hard to argue that he’s wrong. The initial 15 members include Nvidia’s Jensen Huang, Meta’s Mark Zuckerberg, Oracle’s Larry Ellison, Google co-founders Sergey Brin and Marc Andreessen, and AMD’s Lisa Su and Michael Dell. (There are many billionaires.)
Sacks told Bloomberg that the council would address AI, advanced semiconductors, quantum computing and nuclear power, and that in the near term, attention would be focused on advancing Trump’s national AI framework announced last week. The framework aims to replace the confusion of conflicting state-level rules that Sacks outlined to Bloomberg. “Fifty states are regulating this in 50 different ways, creating a regulatory patchwork that is difficult for our innovators to comply with,” he said.
What Sacks didn’t address outright was why the transition was happening now and whether his recent comments were a factor. Earlier this month, on the popular podcast “All In,” which he co-hosts, Sacks publicly called on the administration to move away from a U.S.-backed war with Iran, looking at a series of worsening scenarios, including attacks on oil infrastructure in neighboring countries, the destruction of desalination plants and the possible use of nuclear weapons by Israel, and calling for a polite way out. Trump responded to reporters that Sacks never spoke to him about the war. (The US-Israeli war on Iran has been ongoing for about 27 days.)
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When asked about the podcast episode by Bloomberg on Thursday, Sacks figuratively threw up his hands. “I’m not on the foreign policy team or the national security team.” He added that his podcast comments represent his personal, not official, views.
For all the major names Sacks brings to PCAST, it’s worth thinking about what role Congress has played historically. It is an advisory body that has some influence over some administrations and little influence over others.
President Obama’s version appears to be the most productive on record, producing 36 reports over eight years. Two of them led to specific policy changes, including FDA rules that opened the market for over-the-counter hearing aids.
By contrast, President Trump’s first-term commission took nearly three years to appoint its first members, produced a handful of reports, and produced nothing special, while President Biden’s commission heavily skewed its academic profile—including Nobel Prize winners, MacArthur fellows, and members of the National Academies—and released few reports before the end of his administration.
Today, PCAST is a completely different animal, built almost entirely from the company’s executives forming the technology it will advise on.
Now Sacks is again one of the free executives, free to resume his life as an investor and entrepreneur. A spokesperson for Craft Ventures, which Sacks co-founded and remains a partner, has not yet responded to related questions about next steps. TechCrunch reported last year on the ethics exemption Sacks won to maintain financial stakes in AI and cryptocurrency companies while setting federal policy in both areas. This drew sharp criticism from ethics experts and lawmakers.









