12/11/2024 | Press release | Distributed by Public on 12/11/2024 14:21
WASHINGTON-Following the announcement that President-elect Trump will appoint David Sacks as the White House AI and crypto czar, Daniel Castro, director of ITIF's Center for Data Innovation, released the following statement:
It's welcome news that the incoming Trump administration is tapping a Silicon Valley leader to head its AI policy. David Sacks brings first-hand experience growing U.S. tech companies and can offer policymakers strategic insights on what the U.S. government should do to better compete globally. Maintaining U.S. leadership in AI will be one of the Trump administration's biggest challenges. China is rapidly catching up to the United States and will likely see a surge in innovation in the coming years as a result of continued investment in the technology, data, and skills needed to be a global leader in AI. Moreover, many countries are deploying AI in critical sectors at a faster pace than the United States, and if the U.S. government does not figure out how to accelerate AI adoption, it won't just be the U.S. tech sector that falls behind. The administration should focus its policies on ensuring the United States uses AI to protect its economic interests and national security, which will require unwinding the Biden administration's legal attacks on U.S. AI firms. Taking on both AI and crypto will be a big portfolio, made more challenging by the fact that these technologies are advancing rapidly. Therefore, the administration should ensure that it provides him with the team needed to manage these critical issues.We recently released a report on China's AI innovation, highlighting its strategic investments and drive, signaling it will soon match or surpass U.S. capabilities. Read the report here.
Contact: Nicole Hinojosa, [email protected]