US Treasury Secretary Scott Bessent has called alarmist the warnings from AI executives about the existential risks posed by their own products. In an interview on October 3, 2026, he stated that AI companies must manage their own risks and should not expect a federal liability shield. Bessent confirmed the US government will not grant legal immunity to AI developers, insisting that accountability rests with humans, not AI systems. This position comes as Washington and Beijing discuss AI safety mechanisms. For AI companies, the signal is mixed: self-regulation favors innovation, but the lack of legal protection increases their legal and financial exposure.
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