A new report from the New York Times digs into the financial disclosures of President Trump’s AI and crypto czar, PayPal Mafia founding member David Sacks , and finds ample reason to doubt that he could possibly advise anyone, let alone the president, on AI and crypto impartially.
One telling detail in the Times’ piece is that Sacks or his venture capital firm Craft Ventures have 438 software or hardware company investments involving companies that aren’t necessarily AI companies, but pitch themselves as AI companies anyway, or have AI in their names. This is a headache-inducing factoid because over the past two years, seemingly every tech startup has pivoted to AI . In fact, companies now bend the definition of “AI” until it breaks to stay relevant.
So the question isn’t just wh

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