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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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