President Donald Trump announced via Truth Social that Treasury Secretary Scott Bessent will not be appointed as the artificial intelligence czar, a position Trump had previously indicated he would create. Trump stated that Bessent prefers to remain in his current role at the Treasury, where he is performing well.
This decision comes in the context of Trump's broader vision for AI, which he describes as potentially transformative for the U.S. economy, possibly contributing up to 25% of the country's GDP. Trump has previously compared the significance of AI to that of the Industrial Revolution and the Internet, asserting the U.S.'s leading position over China and other nations in this field.
The announcement indicates the administration's commitment to prioritizing AI development while retaining key personnel in existing roles