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One of David Sacks’s Waivers
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technology16h ago

One of David Sacks’s Waivers

  • The White House issued a Section 208(b)(1) waiver allowing Sacks to participate in AI policy matters.
  • The waiver cites Sacks’s extensive tech background and argues conflicts are not likely to affect government service.
  • Sacks has divested or begun divesting from major AI-related holdings to avoid conflicts.
  • The waiver sets ongoing conditions, including consultation with White House ethics officials for large asset changes.
  • The waiver specifies limits on new private investments to prevent new direct conflicts.
  • Sacks will co-chair the President's Council of Advisors on Science and Technology (PCAST).
  • The waiver covers AI policy work for a period of 130 days or less in a one-year period.
  • Sacks’s direct AI interests are listed across multiple schedules with divestment statuses noted.
  • The document was produced after consultation with the Office of Government Ethics.
  • The waiver acknowledges AI's role in national policy and aims to balance innovation with ethics.
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