David Sacks, the venture capitalist who served as the White House‘s point person on cryptocurrency and artificial intelligence, is stepping down from that position. His departure marks the end of a brief but influential stint focused on shaping US policy in these rapidly evolving fields. In comments provided to Bloomberg, Sacks explained that he has reached the legal limit for his temporary appointment as a special government employee, which caps service at 130 working days within a year.
Rather than fully exiting public service, he is transitioning to a new leadership role within the administration.
He will now serve as co-chair of the President’s Council of Advisers on Science and Technology, known as PCAST, alongside Michael Kratsios.
PCAST is a long-standing federal advisory body that brings together experts from industry and academia to deliver independent, evidence-based guidance to the president.
Established decades ago, the council produces studies and recommendations on scientific research, innovation, and emerging technologies. Sacks’ appointment expands his scope beyond his previous narrow focus on digital assets and machine learning.
In his new capacity, Sacks will help steer discussions on major technological shifts, including advancements in artificial intelligence, quantum computing, advanced semiconductors, nuclear energy, and other frontier developments.
He noted that this position allows for broader contributions, enabling recommendations across a wider array of tech-related issues rather than being limited to specific domains.
The council’s work involves in-depth analysis and policy suggestions aimed at supporting national competitiveness and addressing key challenges in science and innovation.
Sacks’ move comes at a pivotal moment for U.S. technology strategy.
During his time as crypto and AI czar, he played a role in advancing initiatives such as frameworks for AI development and efforts to position America as a leader in digital finance.
Observers note that while his direct operational role has concluded, he will continue influencing high-level conversations through PCAST.
Some White House insiders have indicated that his expertise on cryptocurrency and AI will remain available to the administration in an advisory context.
The transition highlights the unique constraints of temporary government appointments and the value placed on leveraging private-sector talent for public policy.
Sacks, known for his background in entrepreneurship and investment, brings practical insights from the tech ecosystem.
His involvement is expected to strengthen ties between the White House and leading innovators as the United States navigates global competition in critical technologies.
This shift also reflects ongoing efforts to modernize advisory structures for science and technology.
With PCAST now incorporating high-profile figures, the council is positioned to tackle complex topics like AI governance, quantum breakthroughs, and sustainable energy solutions.
Supporters view the change as a strategic evolution that allows sustained input without the limitations of short-term roles.
As Sacks assumes his co-chair responsibilities, attention will likely turn to how PCAST influences upcoming policy priorities.
The council’s recommendations could now potentially inform everything from regulatory approaches to investment in next-generation computing. For now, the announcement signals continuity in the administration’s commitment to technological leadership, even as some of the key personnel adjust their formal contributions.