Scott Bessent shrugs off systemic AI risks at investor conference
Photo: Crypto Briefing
US Treasury Secretary Scott Bessent has a message for anyone losing sleep over artificial intelligence: the risk is not systemic, and the industry can handle its own problems. Speaking at a closed-door investor conference on October 21, 2026, Bessent dismissed concerns about ‘systemic’ AI risks. He treated existential warnings from prominent AI figures as alarmist rather than constructive. He has pushed back on a specific combination of requests from parts of the industry. Some AI leaders have called for a slowdown in development while also seeking liability protections. Bessent has been skeptical of that pairing.
Source: Crypto Briefing
