During a speech to the National Committee on U.S.-China Relations, Treasury Secretary Scott Bessent emphasized the need for both nations to recognize their differences while working together to mitigate risks associated with artificial intelligence.
The newly established dialogue mechanism on 'super intelligence' aims to facilitate the exchange of best practices and ensure human oversight in AI technology. However, Bessent did not commit to limiting technological advancements, reflecting the competitive tension between the U.S. and China.
The Trump administration has been cautious about imposing restrictions on AI development, fearing it could hinder U.S. competitiveness. Meanwhile, China's foreign ministry has rejected calls for slowing down AI advancements, asserting that confrontation would disrupt global governance.
The upcoming meeting between President Trump and President Xi is expected to further address these issues, with both leaders needing to balance competition with responsible leadership in AI. This dialogue comes amid controversies surrounding Nvidia CEO Jensen Huang, which could affect business relations and investor sentiment in the tech sector