Treasury Secretary Scott Bessent joins CNBC ‘Squawk Box’ this morning to discuss his 12-hour meeting with Chinese Vice Premier He Lifeng. Within the interview Bessent details the ‘U.S.-China AI Dialogue’, the calls for a slowdown in AI development and whether regulation is needed.
Secretary Bessent notes President Trump is not going to deliver liability immunity to AI frontier labs and existing legal frameworks within the U.S. will remain as protective pathways as development moves from AI labs into engineering outcomes.
This is the core of the issue. The investors that poured money into the AI labs, now support immunity from legal liability that doesn’t exist in any other sector other than Big Pharma. AI wants the same protection as Big Pharma, and President Trump is not going to allow the shift in responsibility from AI developers to government. WATCH:
Also below is the full debriefing from Secretary Bessent and USTR Jamieson Greer that followed the Sunday meeting between the U.S. and Chinese counterparts.
As CTH has noted, the pace of these critical economic developments is going to speed up over the next several days and weeks. It becomes increasingly important to stay tuned-in to the granular issues as they unfold in order to fully appreciate the landscape that surrounds us. It can be challenging to absorb information as the pace increases, yet it is critical to remain aware so that each building block in the nationalist policy making remains in context.
AI wants the same immunity big pharma has… to kill people without liability.
So do the Democrats/Communists.
This time is different. Democrat/Communists won’t kill millions of us? See the carnage on our streets from illegals and criminals that are repeatedly let loose on us.
Yes they will, Terry, which is why I wrote essentially they’d be tickled pink to have a legal shield to do it.
All of what we see driving America to become yet-another-nation-state are implementations of the globalist agenda. The two most critical objectives of that agenda are Depopulation and the Taking of Property. Accomplishing both require indemnification and immunity. Their regulations and legislation assure that taxpayers bear the burden of both.
Privatize profits , socialize losses.
I lived long enough to say, ” Let the Tort Law Sort it Out”. No more Safe and Effective. You may bad products or dangerous products and you suffer the consequences. FAFO In fact if you knowingly allow a defective AI product that kills people….you should be criminally liable.
Yes, full civil and criminal liability should never be waived.
They introduced the Chinese Vice Premier to Bessent:
‘He Lifeng’…
So Scott also left 🙂
touche’
12 hours? Holy shit.
Secretary Bessent…
Immaculate in dress and the execution of his responsibilities and observations.
Nothing gets by him.
(This is going to sound absurd. Nevertheless…First thing I noticed about him, as always before he ever begins speaking, is that that there is no space between his perfectly knotted tie and the collar of his crisp, white shirt. A man who pays attention to such a tiny detail as that will be eagle eyed with everything else. Formidable. One of President Trump’s finest appointments.)
This is all about keeping open weights models out or the frontier labs won’t be able to justify their sky High valuations.
There is another sector free from liability in order to push their NWO agenda – the Government Sector and its NGOs
thankfully, the conservative treehouse is here to explain it thank you, Sundance.
Fortunately, the large tech firms working on these AI models have lots of money. So if they program some super AI virus that “escapes” and causes a lot of financial mischief, they can drain their wealth funds to compensate everyone.