US Treasury Secretary Bessent: People Are Responsible for Artificial Intelligence Activities

US Treasury Secretary Scott Bessent stated that companies developing artificial intelligence technologies must be held fully responsible for the results of their activities and that the federal government will not offer any legal protection shield in this regard.

Artificial Intelligence and Responsibility Approach

US Treasury Secretary Scott Bessent emphasized that companies developing artificial intelligence technologies must be responsible for the consequences that their activities may generate.

Stating that artificial intelligence itself cannot be held accountable, but rather the people who develop and use this technology, Bessent said that those responsible are humans, not artificial intelligence.

No Expectation of Protection from the Federal Government

He expressed that companies should not expect any special regulation from the federal government to protect them from legal liability.

Minister Bessent clearly stated that the US will not grant any legal privileges or protection to firms in this sector.

International Relations and Communication with China

In his interview with CNBC, Bessent conveyed that establishing a direct communication line between the US and China against incidents that may arise from artificial intelligence is on the agenda.

It was shared that the two countries will reconvene to discuss these issues in about two months.

Conflicts with Iran and Sanctions

Without making a prediction on how long the ongoing conflicts with Iran will last, Bessent touched upon the economic impacts of the developments.

The Minister announced that the global operations of Iranian airline companies will be suspended starting from September 23.

Interest Rates Expectation

Bessent stated that the balances in the economy will change after the current conflicts come to an end.

He expressed that he expects a decrease in interest rates once the conflicts conclude.