Recently, Trump appointed David Sacks as the "AI and Crypto Tsar" and led the new advisory committee, which attracted attention. Sacks is a venture capitalist, podcaster, and former PayPal executive.
However, insiders of the transition team revealed that the position was reduced from a leadership role to a general advisory position last week, partly because Sacks was unwilling to leave the investment company Craft Ventures and did not want to go through the formal appointment process. In the future, Michael Kratsios will lead technology policy work, and Sacks will provide policy ideas. Despite the change in position, Sacks is still influential, often active in Florida and San Francisco, and meets with lawmakers. His appointment has caused controversy over conflicts of interest, but some people in Silicon Valley are optimistic and believe that it may help start-ups, but some people are skeptical about his professionalism and are worried about the direction of policy. (Fortune)