U.S., China should ‘harbor no illusions’ as they cooperate, compete on AI, Bessent says

US Treasury Secretary Scott Bessent stated on Tuesday that the United States and China should "harbour no illusions" regarding their differences as they navigate competition for artificial intelligence supremacy and cooperation to mitigate technology risks. Speaking to the National Committee on US-China Relations in New York, Bessent noted that the two nations must manage the risks posed by advanced AI while recognizing that their interests and approaches will not always align.

The United States and China plan to establish a new dialogue on "superintelligence" (SI) during a meeting between President Donald Trump and President Xi Jinping in Shenzhen next week. This meeting is scheduled for November 18-19 on the sidelines of the Asia-Pacific Economic Cooperation leaders' summit and will mark Trump's third meeting with Xi this year.

According to Economic Times Tech, the dialogue is intended to guard against shared risks, prevent misunderstandings, and allow for the exchange of best practices regarding the testing of advanced models and maintaining human judgment. The two sides have also agreed to establish a communications channel to alert one another to serious incidents. CNBC reports that Washington and Beijing agreed to launch this AI dialogue and communication channel during Xi's visit in September.

Brief written by urgent.news from CNBC Technology, CNBC World, CNBC, Times of India, Economic Times Tech — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.