Scott Bessent: U.S. and China Should Acknowledge Differences as They Cooperate and Compete on AI

According to CNBC, Treasury Secretary Scott Bessent said the U.S. and China should recognize their differences as they cooperate to manage artificial intelligence risks while competing in the field. In prepared remarks to the National Committee on U.S.-China Relations in New York Tuesday, he said the governments had established a dialogue mechanism on “super intelligence” to address shared risks and prevent misunderstandings. The sides will exchange best practices for testing advanced models before release and alert each other to serious incidents, Bessent said. He made no commitment to limit the technology’s development.