President Donald Trump’s pick for director of the Office of Science and Technology Policy, Michael Kratsios, holds just a bachelor’s degree in political science, but his extensive background in artificial intelligence makes him an attractive appointment amid the United States’s struggle with China over gaining AI supremacy.
Earlier this week, Wall Street tech advisers were sent into a panic upon the release of DeepSeek, a Chinese AI company. The company’s introduction, deemed to be far more cost-efficient than U.S. company AI models, led to Nvidia, which develops chips that power AI, to see its stock drop by 17% as of 2 p.m. Tuesday.
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