Trump AI and “Crypto Czar” David Sacks discuss the cryptographic policies of the administration and future ambitions for digital currency during an exclusive interview on “The Evening Edit”.
Tsar Crypto-Monitory David Sacks supported President Donald Trump from an executive decree of the Biden era on Monday which instituted railings on railing on artificial intelligence technology But American AI companies “by Hackstrung”.
Sacks quoted Deepseek, a startup of Chinese AI who Develops models of large open source language (LLMS). The company has surpassed US IA companies like Openai and Meta.
The company recently unveiled R1, a specialized model designed for complex problem solving on January 20, which “has” zoomed in the world’s top 10 of performance “and was built much faster, with less powerful fleas , at a much lower cost than other American models, According to the Wall Street Journal.
Silicon Valley praising the startup of Chinese AI Deepseek: “deep gift to the world”
In an article on X, Sacks declared that Deepseek R1 proves that the AI ​​race “will be very competitive” and that Trump had “the right to cancel the Biden EO”.
David Sacks, co-founder of Craft Ventures LLC, speaks during the token summit in New York, in the United States, Thursday, May 17, 2018. (Alex Flynn / Bloomberg via Getty Images / Getty Images)
He said that the order “of paralyzed American AI companies without asking if China would do the same. (Obviously.) I am confident in the United States, but we cannot be complacent.”
A few hours after returning to the White House, Trump canceled Biden’s decree, which sparked a sprint between government agencies to study the impact of AI on everything, of Cybersecurity risks to its effects on education, workplaces and public benefits.
Trump said the order has acted as an obstacle to AI American innovation.
“We have to develop AI systems that are free from ideological biases or engineering social agendas,” said Trump’s order. He “also establishes unnecessarily binding requirements for companies that develop and deploy an AI that would suffocate private sector innovation and threaten American technological leadership”.
In a political directive last year, the Biden administration said that federal agencies should show that their artificial intelligence tools do not harm the public or keep them using them. Trump’s order Orders the White House to revise and reissue these directives, which affect the way agencies acquire AI tools and use them.
Chinese Application Deepseek Hammers Us Stocks with a cheaper open-source IA model
A chatbot application developed by the company of Chinese AI Deepseek (Getty Images / Getty Images)
“In the past four years, the Biden administration has mainly continued and persecuted cryptographic companies, really driving them abroad,” said Sacks on Fox Business’ “The Evening Edit” Last week. “I heard so many scandalous stories by founders, by entrepreneurs, the Biden administration would not tell them what the rules of the road, and they would then be prosecuted. And what the industry wants more than all Another thing is a regulatory clarity. “
“They say,” Tell us what the rules are. We will respect “”, he added. “And the Biden administration would never do that. And because of this, all the innovation was moving offshore, and America was about to lose this technology of the future.”
Alexandr Wang, CEO of Scale AI, a software company based in San Francisco, spoke during the weekend on Deepseek technology, describing its rapid success as “alarm clock for America”.
“Deepseek is an alarm clock for America, but that does not change the strategy,” wrote Wang in an article on X.
The president and founder of Emj Capital, Eric Jackson, analyzes the difficult competition of AI, the future of Stargate and the cybersecurity of cryptocurrencies under the Trump administration.
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Wang explained that the “USA must be denied and racing more quickly, as we have done throughout the story Ai“And” tighten export controls on fleas so that we can maintain future prospects “.
“Each major IA breakthrough has been American,” said Wang.
Stepheny Price of Fox Business, Breck Dumas and the Associated Press contributed to this report.
