"At the same time, Schmidt has been appointed to numerous White House advisory positions, giving him privileged insight into the administration’s policies in technology, science and military defense, as well as unusual access to top policymakers."
https://www.techtransparencyproject.org/articles/eric-schmid...
A quick Google of "eric schmidt obama" brings up a lot of articles discussing their close political relationship.
It could be said that Schmidt influenced important decisions in the tech realm, to a degree nearly equal to executive authority, because it presumably (and greatly) outweighs the opinions of the other heads of Big Tech, so long as Obama was naive enough to agree with him on key issues he didn't fully understand.
Of course, anyone could assert this about an advisor to a President depending on the President's level of knowledge and outright willingness to apply their advice, even if in spite of fairness, rights, laws, or precedents.
There have been many questionable advisor appointments by previous presidents. Including the last president.
It’s very likely governments will make this mandatory if they have the chance to regulate over this.