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AI Ethics
5d ago

US Treasury Secretary Calls for AI Industry to Address Its Own Risks

Oct 3, 2026
AI Summary

Scott Bessent, the US Treasury Secretary, has criticized leading AI figures for their alarmist warnings about the risks of artificial intelligence. He urged the industry to take responsibility and develop solutions to mitigate these risks.

  • US Treasury Secretary Scott Bessent expressed concerns about the warnings from prominent figures in the AI industry regarding existential risks.
  • He described these warnings as alarmist and unhelpful.
  • Bessent called for the AI industry to self-regulate and find effective solutions to the risks associated with the technology.
ai risksself-regulationindustry responsibilityscott bessentethics in ai