Treasury’s Scott Bessent says no liability exemptions for AI labs
Treasury Secretary Scott Bessent urged Congress to reject AI labs' requested liability exemptions, arguing creator liability is the best safety guarantee.
Testifying before the House Financial Services Committee, Treasury Secretary Scott Bessent said the government should not grant frontier labs liability waivers, responding to Anthropic CEO Dario Amodei's slowdown essay. He cited Treasury's AI safety work since the release of Anthropic's Mythos model, whose cybersecurity risks prompted an April meeting, and coordination with banks and labs after the July Hugging Face cyberattack. Bessent also highlighted the Gold Eagle clearinghouse run with CISA and called for more US-built open-source models to counter China.
- Bessent opposes liability exemptions requested by frontier AI labs
- Cites Anthropic's Mythos model cybersecurity risks that prompted an April Treasury meeting
- Gold Eagle clearinghouse with CISA coordinates vulnerability scanning, validation, and patch distribution
- Administration convened AI labs and financial sector after July Hugging Face cyberattack
- Bessent backs more US-built open-source models to push back against China
- Products
- ChatGPT
- Countries
- United StatesChina
- AI models
- Mythos
From the original article
4 min read at fedscoop.com
The secretary told House Financial Services Committee lawmakers that the “best way to guarantee safety” is for AI creators to be held “liable for what they build and generate.” The post Treasury’s Scott Bessent says no liability exemptions for AI labs appeared first on CyberScoop.
By Greg Otto · fedscoop.com
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