Report Claims White House AI Czar Allegedly Has Conflicts of Interest

Is David Sacks profiting from regulating AI companies, or is this a fabricated claim?

Published DEC 1

Report Claims White House AI Czar Allegedly Has Conflicts of Interest

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Above: David Sacks, White House AI and crypto czar, during an executive order signing in the Oval Office of the White House in Washington, D.C., on Sept. 30. Image credit: Francis Chung/Politico/Bloomberg/Getty Images

The Spin

Republican narrative

The New York Times spent five months fabricating a conflict of interest story, pivoting between baseless accusations after each was debunked. Every allegation — from invented dinners with tech CEOs to nonexistent promises of presidential access — collapsed under scrutiny. This represents a willful mischaracterization of facts to support a predetermined narrative rather than honest journalism.

David Sacks on X

Mario Nawfal on X

Democratic narrative

David Sacks wields extraordinary power over artificial intelligence policy while maintaining 449 investments in A.I.-related companies that directly benefit from his decisions. His ethics waivers obscure the true scope of conflicts by misclassifying A.I. companies as generic software firms, while his policies have generated billions for Nvidia and positioned his own portfolio companies for massive gains. The White House A.I. czar is in cahoots with Silicon Valley to profit from the very industry he regulates.

The New York Times TechCrunch