CEOInterviews.AI
Start App
David Sacks
Founder of Craft Ventures, Craft Ventures

Trump Stacked Tech Council With ‘Star Power,’ David Sacks Says

📅 Mar 26, 2026 Bloomberg Television 10 MIN 2654 VIEWS 18 SEGMENTS · 2 SPEAKERS
President Donald Trump appointed tech industry leaders including Mark Zuckerberg of Meta, venture capitalist Marc Andreessen, and Nvidia CEO Jensen Huang to a new presidential technology council that will focus on artificial intelligence policy and other science-related issues. David Sacks, Craft Ventures partner and co-chair of the President’s Council of Advisors on Science and Technology, joins Ed Ludlow on “Bloomberg Tech.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Financ...

Questions asked in this interview

8
  1. 1:40Kratsios just believe they bring in the first instance?
  2. 2:44And if that were to be the case at all?
  3. 3:57Is PCAST now your sort of main focus in how you're serving the country and this administration?
  4. 4:27Does PCAST have a mandate to coordinate with different agencies and existing arms of government, or is it just advice to the president?
  5. 5:15And what is the policy of this White House right now and where do you see it going?
  6. 7:51For November, David, a bipartisan framework before November?
  7. 8:25Do you see that changing the president's current thinking on exporting cutting edge or leading edge chips to China or more generally in different jurisdictions around the world?
  8. 9:35You know, the war in Iran is not impacting your decision to serve. You're proceeding with PCAST, right?
Interviewer 0:00 ↗
The President's Council of Advisors on Science and Technology. You'll co-chair alongside Mr. Kratsios. I think there's a history behind PCAST. There's been councils in prior administrations, but I think there's value. David, if you could just explain what the council will do day to day, what its remit is.
David Sacks 0:22 ↗
Sure. Thank you. So PCAST is the President's Council of Advisors on Science and Technology. It's a group that's been around since the presidency of George Herbert Walker Bush. I think that was around 1990, so it's been around for over 30 years. And the version of it that was created by Bush 41 was actually building on a group that was first established by FDR. So this Council of Advisors has been around for a long time. And the idea is to gather some of the best and brightest minds in the country on cutting edge technologies to make recommendations to the president and the White House on issues that obviously can have a great impact on the American economy and our security and on innovation policy. And so we're pleased to announce this group. The president just named the first 15 people. We can have up to 24. And these are, I think, some of the biggest luminaries and stars in the world of science and technology. And this group will meet periodically to again, make recommendations to the president, the White House. Jensen Huang, Lisa Su, Mark Zuckerberg, Michael Dell, who I think also served on the council in 2001 under George W. Bush and so has some experience of that.
Interviewer 1:40 ↗
It's an initial list, as you say, but how was it composed? Why those 15 specifically? What is it that the President and you and Ms. Kratsios just believe they bring in the first instance?
David Sacks 1:49 ↗
Well, first of all, I think there's a variety of technological expertise. You could have people there who are in the world of software. Others are in the world of chips or advanced semiconductors. We have folks who have won Nobel Prizes for physics, who've done breakthroughs in quantum computing or fusion or small modular reactors. So there's actually a range of skills there. I'd say the other point that's noteworthy is that these people are builders, they're doers. There are people who have actually not just done research or academia, but they've actually built companies, a lot of cases around their inventions. And so I think there's a strong emphasis on what you might call applied experience here. I would say that of the different councils that have been created, this one, I think you'd have to say, has the most star power of any group like this that's been created.
Interviewer 2:44 ↗
That I think is the core question. What is the authority that this PCAST has? How do the discussions and actions of that council translate into actual policy? And if that were to be the case at all?
David Sacks 2:59 ↗
Well, I think that the way that PCAST usually works, it's a federal advisory committee and we engage in studies and we gather evidence, then we make recommendations, and then those studies eventually can turn into policy. That's the purpose of it is to provide the White House with high quality advice from some of the best minds in these areas of cutting edge science and technology. So, again, you know, we'll look things like AI. Obviously, this is a huge issue right now, the impact it's going to have on our economy, on jobs, on national security. I think you can expect us to make some recommendations in those areas. We want to push forward the president's AI framework that was already released just last week. So you'll see, I think, a lot of activity around that. But it will also be other areas as well. Like I said, advanced semiconductors, quantum computing, nuclear power. These are all the areas that you can expect PCAST to look at.
Interviewer 3:57 ↗
David, what does this mean for you day to day? Is PCAST now your sort of main focus in how you're serving the country and this administration?
David Sacks 4:04 ↗
Yes, I mean, I had a role in the first year of the Trump administration as a special government employee. That was 130 days. We've now used up that time. And I think moving forward as co-chair of PCAST, I can now make recommendations on not just AI but an expanded range of technology topics. So yes, this is how I'll be involved moving forward.
Interviewer 4:27 ↗
You mentioned some of the action that's really taken place from this administration in the context of AI. Does PCAST have a mandate to coordinate with different agencies and existing arms of government, or is it just advice to the president?

9 more exchanges in this transcript

Sign in free to read the rest of this interview. No card required.

Sign in to read the full transcript

Cite this transcript

APA, MLA, BibTeX
APA

Sacks, D. (2026, March 26). Trump Stacked Tech Council With ‘Star Power,’ David Sacks Says [Interview transcript]. Bloomberg Television. CEOInterviews.AI. https://ceointerviews.ai/interview/785109/

MLA

David Sacks. "Trump Stacked Tech Council With ‘Star Power,’ David Sacks Says." Bloomberg Television, 26 Mar. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/785109/.

BibTeX
@misc{sacks2026_785109,
  author       = {David Sacks},
  title        = {Trump Stacked Tech Council With ‘Star Power,’ David Sacks Says},
  howpublished = {Interview transcript, Bloomberg Television. CEOInterviews.AI},
  year         = {2026},
  month        = {mar},
  url          = {https://ceointerviews.ai/interview/785109/},
  note         = {Speaker-attributed transcript with timestamps}
}