Scott Bessent emphasizes US-China AI cooperation amid differences

The Treasury Secretary says Washington and Beijing should cooperate on AI risks while still competing for leadership The world’s two largest AI powers want to compete hard and cooperate carefully at the same time. US Treasury Secretary Scott Bessent laid out that balancing act on Tuesday, November 10, in New York. His message was that the United States and China should “harbor no illusions” about where they disagree on artificial intelligence. They should still find ways to work together on the technology’s risks. Bessent made the remarks at the National Committee on US-China Relations gala. He said the two countries need to manage AI risks jointly even as they race each other for technological leadership.

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