Former US Deputy Secretary of State Kurt Campbell warned that discussions between Washington and Beijing on AI and security are unlikely to produce binding agreements due to a fundamental trust deficit. Treasury Secretary Scott Bessent proposed during talks in New York the creation of a mutual notification mechanism for national security-level AI incidents. The proposed framework deliberately avoids addressing export controls on advanced semiconductors, a central point of bilateral tension. Major US companies including OpenAI and Nvidia are participating alongside government officials from both countries, but the absence of chip restrictions in the proposed framework suggests that the most sensitive issues remain off the negotiating table.
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