Treasury Secretary Scott Bessent addressed a gathering at the World Economic Forum in Davos, Switzerland, explaining President Trump's agenda amid a palpable sense of unease among attendees. The annual meeting, which commenced this week, is marked by trepidation regarding the president's upcoming speech on Wednesday, according to attendees.

Several CEOs openly questioned the president's policies during events held Monday night, with some describing them as "wild" and "bizarre," according to sources present. Despite these reservations, many of these same executives are scheduled to attend a reception honoring Trump, with some reportedly joking about how best to offer praise in person. "Tread lightly," one CEO advised, highlighting the delicate balance many are attempting to strike.

The Supreme Court's potential ruling on the legality of some of Trump's tariffs, expected as early as Tuesday, further contributed to the anxious atmosphere. International politicians also expressed concern over escalating tensions related to Greenland.

Larry Fink, CEO of BlackRock, delivered a speech at the forum's opening event, emphasizing the need for change. His remarks come as artificial intelligence continues to be a topic of discussion at Davos, with experts debating its potential impact on the global economy and workforce. AI, which involves the development of computer systems capable of performing tasks that typically require human intelligence, is rapidly evolving, raising both opportunities and challenges for society. Recent advancements in areas like natural language processing and machine learning are enabling AI systems to automate complex processes, potentially leading to increased efficiency and productivity. However, these advancements also raise concerns about job displacement and the need for workforce retraining.

The World Economic Forum has consistently highlighted the importance of addressing the ethical and societal implications of AI. Discussions at this year's event are expected to focus on how to ensure that AI is developed and deployed in a responsible and inclusive manner. This includes addressing issues such as bias in algorithms, data privacy, and the potential for AI to exacerbate existing inequalities. The ongoing debates surrounding AI at Davos reflect the broader global conversation about the transformative potential of this technology and the need for proactive measures to mitigate its risks.