Tag: Regulatory capture

Trump administration AI adviser David Sacks has publicly accused Anthropic of pursuing regulatory capture through fear-mongering. The venture capitalist’s comments come as his own investments and government role face increasing scrutiny.

White House AI Adviser Levels Regulatory Capture Allegations

David Sacks, who serves as the Trump administration’s “Crypto and AI Czar” while maintaining his venture capital activities, has publicly accused AI startup Anthropic of running what he calls a “sophisticated regulatory capture strategy based on fear-mongering.” According to reports, Sacks made these claims on his personal X account, stating that Anthropic is “principally responsible for the state regulatory frenzy that is damaging the startup ecosystem.”