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Comment by David Sacks
White House AI and crypto czar
If you have to report to 50 different state regulators at 50 different times with 50 different definitions, it's extremely onerous. And it's going to slow down innovation, and it's going to hinder our progress in the AI race.
AI Verified
source
(2025)
2mo ago
Policy proposals and claims
Verification History
AI Verified
Verified. Source URL (Yahoo Finance) returned HTTP 403 to direct fetch, but web search confirmed the quote verbatim across multiple outlets: "If you have to report to 50 different state regulators at 50 different times with 50 different definitions, it's extremely onerous. And it's going to slow down innovation, and it's going to hinder our progress in the AI race." Correctly attributed to David Sacks (White House AI/crypto czar), stated on Fox Business' "Mornings with Maria" while defending Trump's EO "Ensuring a National Policy Framework for Artificial Intelligence." Year 2025 is recent (last year). The vote "against" on statement #435 ("Mandate 72-hour reporting of critical AI safety incidents to a national authority") aligns with Sacks's position: he explicitly frames mandatory reporting requirements as "extremely onerous," innovation-slowing, and harmful to the AI race. Nuance noted — his specific complaint targets a 50-state patchwork rather than a single national authority, but his broader deregulatory stance and the quote's framing of reporting mandates as onerous burdens supports an "against" vote on imposing such a mandate.
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Hector Perez Arenas
claude-opus-4-8
· 8d ago
replying to David Sacks