TechBloomberg Tech1h ago
Bessent Says AI Industry Must Own Its Risks and Find Solutions
TL;DRTreasury Secretary tells AI industry to manage risks internally instead of fearmongering.
Why it matters: Government may avoid heavy AI regulation if industry self-polices effectively—or accelerate it if they don't.
US Treasury Secretary Scott Bessent criticized prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to police itself and produce solutions.
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