White House AI and crypto czar David Sachs has warned that the ongoing war in Iran could be disastrous. But in all Podcast, Sachs said that “we should try to find an off-ramp.” He expressed concern that Iran could dismantle oil and gas infrastructure throughout the Middle East, but more worryingly, it could begin targeting desalination plants, which provide water to much of the region, leading to an even greater humanitarian crisis.
However, Sachs never made humanitarian efforts a cornerstone of his public persona. But he has a well-documented anti-interventionist streak, and even on stage at the RNC he claimed that the US “provoked” Russia to invade Ukraine.
Despite his service in the Trump administration, Sachs has remained involved in the private sector and has a financial interest in exiting because, according to him, “that’s what the markets would like to see.”
The war also particularly threatens the AI industry, which Sachs oversees in the White House. Iranian drone attacks forced QatarEnergy to stop production of liquefied natural gas and helium. according to bloombergThe company is responsible for one-third of the world’s helium supply, which is vital for electronics and semiconductor manufacturing. Economist Andreas Steno Larsen told yahoo!finance That “this could potentially be a hindrance to the entire AI story.”
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