Press "Enter" to skip to content

Treasury Secretary Bessent Criticizes AI Regulation Efforts with Bold Analogy

Scott Bessent’s Candid Take on AI Regulation

In a striking analogy, Treasury Secretary Scott Bessent expressed his views on the current AI regulation debate, likening some tech leaders to a notorious film character. Appearing on “The Axios Show,” Bessent criticized CEOs advocating for government regulation on AI development, suggesting they manage the pace themselves.

Referring to pro-regulation tech executives, Bessent stated, “I mean, it’s kind of like Hannibal Lecter: Stop me before I kill again.” He argued that alarmism within the AI community lacks actionable solutions and doesn’t equate to leadership.

The conversation aligns with the White House’s stance against a proposed organized slowdown in AI development, a call echoed by various industry leaders concerned about the rapid progression of AI technologies.

While some, like Anthropic CEO Dario Amodei, have urged government intervention, the White House previously hosted AI executives, resulting in a commitment to voluntary self-regulation.

Bessent noted that AI firms seem to be heeding the White House’s guidance, citing OpenAI’s recent choice to halt a new model following safety concerns during internal testing. “The labs have been very cooperative,” said Bessent.

Concerns persist within the AI sector about neglecting safety measures in the race for technological dominance. “You can’t do safety from second place,” stated Sarah Heck, Anthropic’s head of public policy, on X last week.

Additionally, OpenAI’s safety leader, David Robinson, recently announced his resignation, citing apprehensions over the company’s accelerated development pace and its potential societal impacts.