The tsar denies changes in roles: expecting to spend half the time guiding policy in Washington

Odaily Planet Daily News AI and encryption Tsar David Sacks posted on X platform to deny reports of role changes: “Some traditional media reported tonight that my role has changed, which is completely wrong. I expect to spend half of my time in Washington guiding policy and the other half in Silicon Valley.” Earlier news, according to Fortune, insiders from the transition team revealed that last week the position transitioned from a leadership role to a general advisory position. Part of the reason was that Sacks did not want 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 the technology policy work, while Sacks will provide policy ideas. Despite the change in position, Sacks still holds influence and frequently engages in activities in Florida and San Francisco, as well as meeting with lawmakers. His appointment has sparked controversy over conflicts of interest, but some people in Silicon Valley are optimistic, believing that it may benefit startups. However, there are also concerns about his professionalism and the direction of policies.