Scott Bessent is the US Treasury Secretary. Recent coverage has focused on his role in US-China AI talks: he met Chinese Vice Premier He Lifeng in New York to prepare for the Trump-Xi summit, discussing the November 10 trade truce deadline, rare-earth magnets and AI guardrails. The two countries agreed to an official AI dialogue, and Bessent proposed a national-security-level AI incident notification mechanism. He also criticized prominent AI figures' existential-risk warnings as alarmist.
Bessent Says AI Industry Must Own Its Risks and Find SolutionsUS Treasury Secretary Scott Bessent criticized prominent AI figures' warnings about existential risks as alarmist and unhelpful, calling on the industry to police itself and produce solutions.
Trump to Weigh US-China AI 'Hotline' AgreementSources say Treasury Secretary Bessent will present Trump with a US-China AI agreement creating a direct hotline, akin to a military line, for issues such as hacking, national security and rogue AI. Trump will decide before meeting Xi.
US, China agree on AI dialogue before summitThe US and China agreed to an official AI dialogue, with Treasury Secretary Bessent also proposing a national-security-level notification mechanism for AI incidents. The announcement comes just before Thursday's Trump-Xi summit in Washington, the first on US soil since 2017.
Trump plans AI czar and task forceTrump announced on social media plans to appoint an AI czar and create an AI task force, without details, days after calling AI fears a hoax. Treasury Secretary Bessent proposed a US-China AI incident alert system to boost transparency between the two AI powers.
US, China Officials Meet on AI, Trade, MineralsUS Treasury Secretary Bessent and Chinese Vice Premier He Lifeng met in New York to prepare for this week's Trump-Xi summit, discussing the Nov. 10 trade truce deadline, rare-earth magnet flows and AI guardrails. Analysts expect only small steps, not a breakthrough.
The A.I. Daily