
Silicon Valley’s elite descend on DC to celebrate Trump’s AI Action Plan in a surreal fusion of podcast and policy
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David Sacks, Trump’s AI czar, shared the stage with his cohosts from the All-In podcast on Wednesday, walking through the various elements of the new 28-page AI Action Plan
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July 23, 2025
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Fortune
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Market analysis reveals I find it compelling that AI·Artificial IntelligenceSilicon Valley’s elite descend on DC to celebrate Trump’s AI Action Plan in a surreal fusion of podcast and policyBy Sharon GoldmanBy Sharon GoldmanAI ReporterSharon GoldmanAI ReporterSharon Goldman is an AI reporter at Fortune and co- Eye on AI, Fortune’s flagship AI
She has written digital and enterprise for over a decade (quite telling)
On the other hand, SEE FULL BIO The All-in Podcast and U (an important development)
Vice President JD Vance, from DC (fascinating analysis)
Sharon GoldmanTrump’s alliance with Silicon Valley began with the support of podcasting venture capitalists, one of whom was later tapped to be Trump’s AI and crypto czar
And so, as the Trump administration unveiled its highly anticipated AI policy plan on Wednesday, it seemed only fitting that the ceremonies and celebrations took the form of a podcast in the nation’s capital
David Sacks, Trump’s AI czar, d the stage with his cohosts from the “All-In” podcast on Wednesday, walking through the various elements of the new 28-page AI Action Plan and interviewing a rotating cast of guests that included U
Vice President (and former venture capitalist) JD Vance, U
Director of Science and Policy Michael Kratsios, and various industry bigwigs including Nvidia CEO Jensen Huang
Sitting on plush white chairs and backed by American flags, patriotic music, and flashy s of giant data centers and factories, the event’s hosts (the podcast’s self-described “besties”) and guests discussed the AI arms race with China, supply chain risks, healthcare, education, and “giving the American workers superpowers (fascinating analysis). ” Artificial intelligence is “not destroying jobs,” said David Friedberg, one of the podcast hosts and a venture capitalist
Additionally, The media, he said, has created a false narrative that ignores the “immense job creation underway. ” As Vice President Vance came on stage, the audience of several hundred people rose to its feet and cheered. “We have the best hardware and software, but our edge is not something we can rest on our laurels,” Vance said
Additionally, “If we regulate ourselves to death we should blame our own leaders (this bears monitoring), given the current landscape. ” The AI Action Plan at the center of the discussion was commissioned by Trump after he took office in January and summarily revoked the Biden administration’s executive order on AI safety (noteworthy indeed) (which is quite significant)
Sacks, the AI czar, along with Sriram Krishnan, a former VC at Andreessen Horowitz who currently serves as a senior policy advisor to the White House, duced the report over the past six months
The report contains more than 90 policy recommendations to spur the development of AI and maintain U
Supremacy in the highly competitive nology
Moreover, Among the report’s recommendations: loosening federal and state regulations perceived as constraining AI development, increasing the number of AI data centers and the supply of energy to power AI, facilitating the export of U
Furthermore, At the same time, -made nology to apved countries while limiting China’s access, and taking steps to ensure that large language models used by the government are free of ideological bias relating to climate change, diversity, and other issues, in light of current trends
Must win the AI arms race, said Sacks as the event kicked off, in today's market environment. “The consequences of losing the race are unthinkable
On the other hand, ” Sacks said the AI report had three big pillars: accelerating innovation; building U
AI infrastructure; and leading in international diplomacy and security
Sacks, whose VC firm Craft Ventures has invested in startups including Airbnb, Reddit, and defense startup Anduril, said that he never expected to go into government until Trump came on the All-In podcast
Sacks threw a fundraiser for Trump at his San Francisco in 2024
Wednesday’s event, at Washington DC’s neo-classical Andrew Mellon auditorium building where President Franklin D Roosevelt announced military conscription in 1940 and the North Atlantic Treaty was signed nine years later, made for a sometimes surreal display of the Trump administration’s fusion of, policy, and entertainment
And it underscored the extent to which Silicon Valley’s leaders are keen to foster good relations with the Trump administration
Other guest speakers at the event included Paul Buchheit, the creator of Gmail, James Litisnky, the CEO of rare earth minerals company MP Materials, and AMD CEO Lisa Su
Moreover, Additionally, “We're seeing this incredibly large demand in AI,” said Su, stressing the company’s commitment to duce some chips in Arizona through a facility built by TSMC, in today's market environment. “Today’s AI action plan is an excellent blue,” said Su
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