Scott Bessent

speaker
3,406 appearances 215 recordings 19 series first heard Mar 2025 last heard yesterday

Scott Bessent’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
86 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 206 in all, peaking in Aug 2026 with 86.

Appearances

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And the the fact is that this can be transformative.
I think that the AI companies, whether it is the builders of the data centers, whether it is the labs themselves,
have done a horrendous job, horrendous job of explaining themselves to the American people, and I think we need a big reset on this.
They're they're gonna have to take some of the blame and they are going to have to convince the American people that all the benefits will not accrue to a small group.
And uh that is what I tell them every time I hear them.
Or every time I see them.
that that's what they hear from me, that we have to make sure that this is spread evenly, that the productivity gains that we see, that uh what we have heard what we heard yesterday was that AI uh is increasing jobs.
The other thing that we are seeing in the numbers is that we are seeing uh AI result in a massive increase in small business startups.
Because you're seeing the one, the two, the three person company that would have taken critical mass, fifteen or twenty people.
So I would expect that we would see a startup.
Boom, and we are we are seeing it.
And that's Main Street.
That that is small business.
That is what powers this.
So uh again, there's a lot of misinformation out there and a lot lot of us deserve it.
Some of it or a lot of it is Chinese agrop.
that is just being regurgitated and you know as as we've seen a l a large number of sites that have uh been pushing back against AI build out uh were clearly foreign and many of them Chinese and look I don't blame the Chinese because we're ahead and we're gonna stay ahead.
We've gone from fifty percent of global compute.
By twenty twenty eight we will be at eighty percent of global compute.
The US will be an AI superpower and all the benefits will accrue to the American people.
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