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At a US House hearing, Treasury Secretary Scott Bessent said AI labs
At a US House hearing, Treasury Secretary Scott Bessent said AI labs should get no liability exemptions and called for more open-source models built in the US
TL;DRTreasury Secretary wants AI companies liable for harms and more open US-built models.
Why it matters: Liability rules and open-source mandates could reshape AI development incentives and US competitive advantage.
The secretary told House Financial Services Committee lawmakers that the “best way to guarantee safety” is for AI creators to be held …
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