David Sacks says he’s no longer White House AI, crypto czar

Venture capitalist David Sacks announced he is stepping down from his role as White House AI and cryptocurrency czar since he has “used up” the 130 day-limit.

Sacks told Bloomberg in an interview Thursday that his work with the Trump administration will transition to co-chairing President Trump’s Council of Advisors on Science and Technology (PCAST), which involves several technology and business leaders to advise the president on policy.

“I had a role as a SGE [special government employee] that was 130 days…we’ve now used up that time,” Sacks told the outlet. “I think moving forward as co-chair of PCAST, I can now make recommendations on not just AI, but an expanded range of technology topics.”

He was the first to serve in the dual role, helping lead the Trump White House’s priorities around AI and cryptocurrency. SGEs are permitted to serve no more than 130 days over a 12-month period, though the days do not have to be consecutive.

Sacks was appointed last year at the beginning of Trump’s second term.

The businessman will co-chair PCAST alongside Michael Kratsios, the director of the White House’s Office of Science and Technology Policy. Those on the 13-person panel include Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg and Oracle executive chairman Larry Ellison.

Sacks told Bloomberg that the council will “study issues together as a group” and then make official recommendations for the Trump administration. He predicted AI will be a heavy focus of the panel, along with its impact on the economy, workforce and national security.

The venture capitalist began in the technology industry in 1999 at PayPal alongside tech moguls Elon Musk, Peter Thiel and Reid Hoffman. He went on to found Yammer, an enterprise social network platform, and launched his venture capital firm Craft Ventures in 2017.

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