US and China should stay clear-eyed on AI cooperation and competition, Bessent says

US and China should stay clear-eyed on AI cooperation and competition, Bessent says

NEW YORK, Nov 10 - The United States and China should harbor no illusions about their differences on artificial intelligence as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott Bessent said on Tuesday.

Bessent, who will travel to China next week for US President Donald Trump's third meeting this year with Chinese President Xi Jinping, said in prepared remarks to the National Committee on US-China Relations in New York that he wanted to "build a constructive relationship on the basis of balance and reciprocity."

The meeting in Shenzhen, to be held on the sidelines of the November 18-19 Asia-Pacific Economic Cooperation leaders summit, will advance a new bilateral dialogue on "superintelligence", or SI, Bessent said, using the Trump administration's preferred term for the technology.

The dialogue is meant to guard against shared risks and "prevent a misunderstanding between our two systems," Bessent said.

"We also expect to exchange best practices for evaluating and testing advanced models before their release, and for keeping human judgment firmly in command of this technology," he said, adding the two sides had agreed to establish a direct channel for alerting each other to serious incidents.

Trump and Xi agreed on the new AI alert system during their previous meeting at the White House in September, but…

In brief

NEW YORK, Nov 10 - The United States and China should harbor no illusions about their differences on artificial intelligence as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott Bessent said on Tuesday. The dialogue is meant to guard against shared risks and "prevent a misunderstanding between our two systems," Bessent said.

This is the opening of the story, shared with credit to The Straits Times — Asia. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at The Straits Times — Asia ↗

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