Well, butter my biscuit and call me confused! A gaggle of 13 tech titans-including the likes of Nvidia’s Jensen Huang, Meta’s Mark Zuckerberg, and AMD’s Lisa Su-have decided to join hands and waltz into the ring of U.S. technology policy. Alongside them stands David Sacks, the venture capitalist who’s been moonlighting as Trump’s crypto and AI whisperer for a whopping 130 days. Quite the barnyard gathering, if you ask me.
Sacks Trades His Czar Hat for a Cozier Chair
Sacks, bless his heart, has been anointed co-chair of the President’s Council of Advisors on Science and Technology (PCAST). That’s a mouthful, ain’t it? This council, mind you, will be busy scribbling formal recommendations for federal regulators across the tech landscape. His days as the crypto and AI czar are over, but don’t you fret-he’s still got his nose in the policy pie. A senior Trump adviser claims Sacks “will always be his crypto and AI czar,” though this new gig gives him a broader playground to frolic in.
Among the PCAST crew are Oracle’s Larry Ellison, Dell Technologies’ Michael Dell, and venture capitalist Marc Andreessen. The only fella with a crypto bone in his body is Fred Ehrsam, co-founder of Coinbase and Paradigm. The rest? They’re more into AI and enterprise tech. Go figure.
A Regulatory Quilt That’s More Patchwork Than Picasso
One of the first crickets Sacks has chirped about is the lack of a unified national approach to AI regulation. Chatting with Bloomberg, he clucked about the 50 states regulating AI in 50 different ways. “It’s a compliance nightmare,” he squawked, calling for a single rulebook that spans the nation. Trump, apparently, is all ears-or so Sacks says. But let’s be honest, herding 50 states into one corral? That’s like trying to teach a pig to sing. It wastes your time, and it annoys the pig.
Getting there won’t be a cakewalk. Federal attempts to trample state tech laws have always stirred up a hornet’s nest from both sides of the aisle. And AI regulation? That’s a powder keg waiting for a match.
What Sacks Left in His Wake
During his brief reign as czar, Sacks captained the President’s Working Group on Digital Asset Markets, birthing a 166-page report on how to wrangle crypto markets. He also lent a hand to a national AI framework unveiled on March 20, aimed at balancing innovation with protecting the young’uns and intellectual property. Quite the tightrope act, if you ask me.
Word on the street is he also nudged the GENIUS Act forward-a stablecoin bill-and is still rooting for the CLARITY Act, a broader crypto bill meandering through Congress. Sacks spilled to Bloomberg that PCAST will take a more deliberate, committee-style approach, studying issues before sending recommendations to regulators. A far cry from his previous gig, where he had the president’s ear and policy decisions moved faster than a jackrabbit on a date.
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2026-03-28 03:12