would you give legal immunity to the ai companies akin to what big pharma has;
Treasury Secretary Scott Bessent joins CNBC ‘Squawk Box’ this morning to discuss his 12-hour meeting with Chinese Vice Premier He Lifeng. Within the interview Bessent details the ‘U.S.-China AI Dialogue’, the calls for a slowdown in AI development and whether regulation is needed.
Secretary Bessent notes President Trump is not going to deliver liability immunity to AI frontier labs and existing legal frameworks within the U.S. will remain as protective pathways as development moves from AI labs into engineering outcomes.
This is the core of the issue. The investors that poured money into the AI labs, now support immunity from legal liability that doesn’t exist in any other sector other than Big Pharma. AI wants the same protection as Big Pharma, and President Trump is not going to allow the shift in responsibility from AI developers to government............more.........
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