White House Forms PCAST to Guide Emerging Tech Policy

The White House has announced the formation of the President's Council of Advisors on Science and Technology (PCAST), a group that will advise on national strategy in emerging technologies. The council, led by David Sacks and Michael Kratsios, includes notable figures from tech and crypto such as Marc Andreessen, Sergey Brin, and Fred Ehrsam, co-founder of Coinbase.

The PCAST is established to provide expert guidance on science, innovation, and advanced technology issues. With a focus on emerging technologies, the council will explore their impact on jobs, productivity, and long-term competitiveness in the US.

Notably, the inclusion of Fred Ehrsam, a prominent figure in the crypto industry, signals an increased convergence between government agendas and blockchain innovation. His presence, along with that of other notable tech and crypto figures, implies that crypto is no longer viewed as a fringe industry but rather as a key player in the next round of economic growth infrastructures.