David Sacks has finished his 130-day role as the artificial intelligence and crypto czar for President Donald Trump. He announced on Thursday that he is moving to a new position where he will lead a powerful group of technology experts. This group will give advice to the President on many different things, from fast computers to new ways to make electricity. Sacks will now be working with some of the most famous people in the business world to help shape the future of American technology.

What Happened?

David Sacks is a very successful businessman and investor who has spent many years working with technology companies. For the past few months, he had a special job in the White House. He was the person in charge of making sure the government had good plans for artificial intelligence and digital money like Bitcoin. This was a very big job because these technologies are growing very fast. Sacks worked closely with the President to start setting up rules that would help American companies lead the way in these areas.

Now that his 130 days in that role are finished, he is moving to a different group. This group is called the President’s Council of Advisors on Science and Technology, or PCAST for short. He will be a co-leader of this council along with Michael Kratsios, who is another top technology advisor for the President. In his new role, Sacks will not just look at AI and crypto. He told Bloomberg News that he will now give advice on many other topics, like how to build better computer chips and how to use nuclear power. This change means he will be part of a larger team instead of being the only person in charge of one specific area.

The group that Sacks is leading is very special because of the people in it. Usually, these groups are made up of teachers and scientists from universities. But this time, the group is full of big stars from the tech world. Some of the members include the bosses of companies like Facebook, Google, and Nvidia. Sacks says this group has more power and fame than any other advisory group in the history of the country. This shows that the government wants to hear directly from the people who are actually building the latest technology every day.

Key Highlights

David Sacks has finished his short time as the AI and Crypto Czar for the President.
He will now lead a special council that gives advice on many kinds of new technology.
The new group includes very famous leaders like Mark Zuckerberg and Jensen Huang.
Sacks wants to create one national plan for AI so that companies do not have to follow 50 different state rules.
The council will look at important things like super-fast computers and nuclear power plants.
This new job is about giving advice and making suggestions rather than making laws directly.

Why Does This Matter?

This news is important for everyone because technology changes how we live and work. Artificial intelligence is being used more and more in schools, offices, and even in our homes. When the government makes rules for these things, it can change how safe they are and how much they cost. David Sacks wants to make sure there is one clear set of rules for the whole country. Right now, different states have different rules, and he says this is very confusing for people who are trying to build new things. Having one clear plan could help create more jobs and better tools for everyone to use.

It also matters because the people on this council are the ones who run the companies we use every day. When the people who run Google and Facebook talk to the President, it can lead to big changes in how the internet works. By focusing on things like nuclear power, the group is also trying to find ways to make sure the country has enough electricity. AI uses a lot of power, so we need to find clean and cheap ways to keep the computers running. This helps keep the economy strong and ensures that the United States stays a leader in the world.

What Are People Saying?

Some people are wondering why David Sacks is moving to this new role right now. Recently, he talked on his own podcast about the war between other countries. He shared some personal ideas about how the U.S. should try to end those conflicts. When reporters asked President Trump about this, the President said that Sacks had not talked to him about those ideas. Sacks told Bloomberg that his podcast comments were just his own thoughts and not part of his government job. He made it clear that he is not part of the team that handles wars or foreign policy.

Other people have talked about how Sacks still owns parts of many technology companies while he helps the government. Some experts worry that he might make choices that help his own businesses. However, Sacks has special permission from the government to keep his business interests while he does his work in the White House. He says his main goal is to help the country grow and stay ahead of other nations when it comes to science and technology.

Conclusion

David Sacks is moving from a very direct job to a role where he will lead a team of the brightest minds in business. While he might be a little further away from the center of power, his new group has the potential to change how the government thinks about the future. By bringing together the bosses of the world's biggest tech companies, he hopes to create a strong plan for America. We will have to wait and see what suggestions this new group makes and how they will change the way we use technology in the years to come.