At a closed-door investor conference on October 21, 2026, US Treasury Secretary Scott Bessent played down systemic artificial intelligence risks, describing existential warnings from industry leaders as alarmist. Bessent opposes pairing a slowdown in development with liability protections, arguing that companies should bear responsibility for the consequences of their products. He also discussed US-China talks on notifying artificial intelligence incidents, including cyberattacks and uncontrolled agents. His position suggests that the US government is not preparing a heavy regulatory response soon and that companies may remain legally exposed without receiving special protections.
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