U.S. proposes a ‘notification mechanism’ for AI incidents that affect national security

Treasury Secretary Scott Bessent said Sunday the U.S. has proposed a new "notification mechanism" for artificial intelligence incidents that could affect national security, following talks with Chinese Vice Premier He Lifeng in New York ahead of a Thursday meeting between President Donald Trump and China's Xi Jinping. Bessent and U.S. Trade Representative Jamieson Greer said the two sides agreed to operationalize a new "Board of Trade" first discussed when the leaders met in Beijing in May, and Greer said the countries are still discussing which "nonsensitive" items — potentially consumer and agricultural goods, energy products and medical devices — could be considered for lower tariffs. "The initial outcome — an AI risk notification mechanism — sets a precedent that other countries may follow," said George Chen, a partner and chair of digital practice at The Asia Group consultancy.

Treasury Secretary Scott Bessent https://www.fastcompany.com/91586337/treasury-secretary-scott-bessent-k-shaped-economy-is-over said Sunday the U.S. has proposed a new “notification mechanism” for artificial intelligence incidents https://www.fastcompany.com/91609547/global-ai-safety-hinging-u-s-china-cooperation-except-they-see-each-other-problem that could affect national security, part of weekend discussions ahead of talks at the White House this week between President Donald Trump https://www.fastcompany.com/91608544/trumps-ai-wager-meets-a-safety-reckoning and China’s Xi Jinping https://www.fastcompany.com/section/xi-jinping . “We want a shared vision of common goals and common threats,” Bessent told reporters after talks with Chinese Vice Premier He Lifeng in New York. “We think that just like any cross-border activity, that moving from opaque to more transparency between the No. 1 and the No. 2 AI https://www.fastcompany.com/section/artificial-intelligence powers in the world is very important.” Trump has resisted calls https://www.fastcompany.com/91607573/trump-congress-not-rushing-act-big-techs-call-ai-oversight to slow down AI development https://www.fastcompany.com/91607391/the-real-reason-ai-researchers-suddenly-want-to-slow-down , saying that would help China catch up to U.S. companies. Standing together in the soaring lobby of the JPMorgan Chase headquarters late Sunday, Bessent and U.S. Trade Representative Jamieson Greer said the groundwork had been laid for talks between Xi and Trump set to take place on Thursday. They said the two sides had agreed to operationalize a new “Board of Trade” that the two leaders had discussed when they met in Beijing in May. “Today those notions have become reality,” Greer said. Greer said the countries were still discussing what “nonsensitive” items could be considered for lower tariffs, but that the list could potentially include consumer and agricultural goods, energy products and medical devices. Chinese state media Xinhua said Bessent and the vice premier talked about issues “relating to AI” without mentioning specifics and also had “candid, in-depth and constructive” discussions on key economic and trade issues. “The fact that both sides agreed to continue the dialogue is significant,” said George Chen, a partner and chair of digital practice at The Asia Group consultancy, in written comments. “The initial outcome — an AI risk notification mechanism — sets a precedent that other countries may follow.” Chan Ho-him and Huizhong Wu contributed to this report. —Matt Sedensky, AP National Writer