US and China to seek 'AI dialogue' to communicate shared concerns

U.S. Treasury Secretary Scott Bessent disclosed that during discussions with Chinese officials on Sunday, the two nations agreed to establish a US-China AI dialogue. Bessent conveyed to reporters that they aimed for a shared vision of "common goals and common threats." The U.S. proposed a notification mechanism for potential incidents or situations that escalate to national security levels from AI, emphasizing the importance of transparency between the world's two leading AI powers.

The talks served as a precursor to a forthcoming White House meeting between President Donald Trump and Chinese President Xi Jinping. It was also announced that both sides agreed to operationalize a new "Board of Trade," a topic they had previously discussed during their meeting in Beijing in May. As both countries grapple with concerns over the potential risks of advanced AI systems, presenting an opportunity for cooperation amidst a fierce competition for technological supremacy, the US-China AI dialogue represents a rare chance for collaboration.

Chinese state media described the meetings as candid, in-depth, and constructive, with discussions spanning key economic and trade matters. Both powers addressed implementing the consensus reached from previous consultations and promoting bilateral trade and investment. Additionally, Chinese and U.S. officials engaged in a dialogue on AI-related issues, although no further details were provided.