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World & Business

Bessent criticizes AI developers over liability shields

CNBC reports that Treasury Secretary Scott Bessent accused AI developers of seeking government liability shields despite the risks posed by their models.

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1 Source, 9d ago, first seen 9d ago

TLDR

On September 21, 2026, CNBC reported that Treasury Secretary Scott Bessent criticized AI developers for what he described as a push for government liability shields. He characterized their position as: “there's a 10 percent chance that we destroy the world, but we want the government to give us a liability shield.” Bessent called that “good business for them, bad business for the American people.”

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1 Source, first seen 9d ago

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Combined views

129.4K

1 Source, first seen 9d ago

256 likes37 comments35 saves45 reposts

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1 Source

@CNBC"What did they try to do last week? It was, well there's a 10 percent chance that we destroy the world, but we want the government to give us a liability shield and that's good business for them, bad business for the American people." Treasury Secretary Scott Bessent discussed AI developers and the risks posed by their rapidly advancing models on CNBC's @SquawkCNBC Monday morning. Read more here: https://cnb.cx/3ST3vwU
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    1 Source

    @CNBC"What did they try to do last week? It was, well there's a 10 percent chance that we destroy the world, but we want the government to give us a liability shield and that's good business for them, bad business for the American people." Treasury Secretary Scott Bessent discussed AI developers and the risks posed by their rapidly advancing models on CNBC's @SquawkCNBC Monday morning. Read more here: https://cnb.cx/3ST3vwU
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