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Scott Bessent: “With this AI boom, we're going to have over 70 or 80% of all…”

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

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Scott Bessent: Inside Trump's Treasury; War Costs; & Why Bond Market is King

Published | Video Starts at 48:34

It's our military, I think our military is more powerful and more lethal and more respected than it's ever been. I think that our technology, that the US Leads the world and we just keep pulling away. That now With this AI boom, we're going to have over 70 or 80% of all the compute in the world. up from 40 or 50 a few years ago, is going to be in the US and then the economy, the Europeans celebrated 0.3% growth. I don't think we celebrate that, but we have. (48:34–48:40)

CLAIM

Asserts that the US will control 70-80% of global computing power due to the AI boom.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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