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Scott Bessent: “We are seeing AI result in a massive increase in small…”

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

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Scott Bessent Takes Reporters' Questions At G20 Finance Meeting In Asheville, North Carolina

Published | Video Starts at 31:13

… that we see that what we have heard, what we heard yesterday was that AI is increasing jobs. The other thing that we are seeing in the numbers is that We are seeing 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, 15 or 20 people. So I would expect that we would see a startup boom. (31:13–31:21)

CLAIM

Asserts that AI is leading to a significant rise in small business startups.

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