Treasury Secretary Bessent rips AI labs for touting extinction risk while seeking liability shield

AlexTensor · x · 2026-09-21

US Treasury Secretary Scott Bessent criticized AI developers on CNBC's Squawk Box, saying labs claim a "10 percent chance we destroy the world" while asking the government for a liability shield — "good business for them, bad business for the American people." The remarks target recent lobbying by frontier AI companies for federal liability protections.

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