The upcoming bilateral talks between the two leaders will formally establish a dialogue on superintelligence and create a direct alert channel for serious artificial intelligence incidents. Negotiators will focus on pre-release testing for cutting-edge AI models, managing shared operational risks, and ensuring human decision-making remains in command. On the economic front, Washington and Beijing are working toward establishing joint trade and investment boards alongside reciprocal tariff reductions on $30 billion in non-sensitive goods. However, the diplomatic progress unfolds alongside security scrutiny in the tech sector, including an internal investigation and shareholder lawsuit confro…
Key points
Washington is actively pursuing targeted risk mitigation in advanced technologies rather…: Washington is actively pursuing targeted risk mitigation in advanced technologies rather than a complete economic decoupling from Beijing.
Bilateral economic concessions will combine mutual tariff reductions with fresh Chinese c…: Bilateral economic concessions will combine mutual tariff reductions with fresh Chinese commitments to purchase American agricultural products.
Tech sector controversies continue to loom in the background as Nvidia's chief executive…: Tech sector controversies continue to loom in the background as Nvidia's chief executive faces scrutiny over alleged links to Chinese intelligence.
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The United States and China must work together to manage the risks posed by advanced artificial intelligence while recognising that their competition for technological leadership will continue,
US treasury secretary Scott Bessent said on Tuesday.
Bessent said the two countries should not underestimate their differences as they prepare to establish a new dialogue on “superintelligence” during US President Donald Trump’s meeting with Chinese President Xi Jinping in Shenzhen next week.
The meeting, scheduled on the sidelines of the November 18-19 Asia-Pacific Economic Cooperation (APEC) leaders’ summit, will be Trump’s third meeting with Xi this year. Bessent, who is due to travel to China for the talks, said Washington wanted to build a relationship with Beijing based on “balance and reciprocity”.
“As SI advances, so will the need to engage in new areas of risk management — and to demonstrate how two nations can reconcile the demands of competition with the responsibilities of leadership,” Bessent said in prepared remarks to the National Committee on US-China Relations in New York.
He added that the two sides should “harbour no illusions about the…
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