On May 17, David Sacks criticized effective altruists for sticking to outdated AI policies after the SBF scandal. He highlighted that their unchanged approach could harm U.S. Competitiveness in advancing AI technologies.
Following Sacks’ comments, significant cryptocurrencies such as ETH, XRP, and DOGE experienced a 3% drop. Analysts are now debating necessary policy adjustments to address the concerns raised regarding U.S. Innovation in the AI sector.
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