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Scott Bessent: “The Chinese are substantially behind us [in AI], but they…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Squawk Pod: Scott Bessent from Beijing - 05/14/26 | Audio Only

Published | Video Starts at 27:28

We have the greatest AI companies. We're actually going to be discussing the AI guardrails with the Chinese. It will because The Chinese are substantially behind us [in AI], but they have a very advanced AI industry. here. So the two AI superpowers are going to start talking. We're going to set up a protocol in terms of how do we go forward with best practice practices for AI to make sure non state actors don't get a hold of these models. (27:28–27:35)

CLAIM

Asserts that China is behind the US in AI but still has an advanced industry.

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