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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.

CyberScoop · 22h agoAI policy

Beijing Hits Back at Anthropic CEO’s Call to Curb China’s AI Development

China's Foreign Ministry rejected Anthropic CEO Dario Amodei's call to curb Chinese AI development as 'Cold War playbook' fearmongering.

China's Ministry of Foreign Affairs pushed back against Anthropic CEO Dario Amodei's essay warning that a Chinese AI lead would endanger the US, with spokesperson Guo Jiakun saying fearmongering and vicious competition disrupt global AI governance. Amodei urged continued restrictions on cutting-edge AI chip sales to China and predicted AI agents could take over the internet within 6-12 months without a global slowdown. The exchange precedes a planned September 24 Trump-Xi meeting covering AI governance, and follows a joint FBI/NSA/CISA advisory alleging Chinese developers distilled capabilities from Claude and GPT.

SecurityWeek · 2d agoAI policy

EU Chief Warns of AI-Powered Hacking, Moves to Rein In Social Media

EU Commission President von der Leyen warned AI will enable unprecedented hacking and announced Kids Act and Digital Fairness Act proposals regulating social media.

In her State of the European Union 2026 speech, Ursula von der Leyen warned that upcoming AI models 'will allow hacking on a level we never thought possible' and cited dangers of self-improving models, referencing a Hugging Face incident. She reaffirmed the AI Act as the core guardrail framework and pledged cooperation with Canada, the UK, and other partners. She also proposed a Kids Act banning social media under age 13 and personal accounts under 15, plus a Digital Fairness Act to be proposed in autumn.

SecurityWeek · 22h agoAI policy

China Calls Amodei’s AI Proposal a New Cold War Playbook

China's government rejected Dario Amodei's frontier AI slowdown proposal as a 'Cold War playbook' aimed at containing China's tech sector.

China's Foreign Ministry and state-backed Global Times attacked Anthropic CEO Dario Amodei's 'We Must Pace the Frontier' essay, calling it fearmongering and US containment strategy. Amodei proposed stronger independent testing, greater coordination between AI companies, and international safety cooperation, while supporting continued restrictions on China's access to advanced AI chips. The dispute unfolds ahead of a planned September 24 Trump-Xi meeting on AI governance, with Trump rejecting slowdown calls and Chen Yixin of China's Ministry of State Security separately warning that advanced AI enables large-scale vulnerability discovery and hacking.

Security Affairs · 2d agoAI policy

Microsoft Commits to Sweeping AI Privacy Rules for Students. Will Other Tech Giants Follow?

Microsoft signed legally binding AI privacy and safety standards for schools with the American Federation of Teachers, effective November 1.

Microsoft's agreement with the American Federation of Teachers prohibits using student or educator data to train AI systems, bans selling data or using it for ads and product development, and forbids AI companions designed to foster emotional dependency, with third-party audits required. The standards apply to all schools under Microsoft contract starting November 1. NYC and LA school districts announced one-year moratoriums on student AI use, while OpenAI and Anthropic pursue similar pacts and Google remains noncommittal.

SecurityWeek · 1d agoAI policy

Political opposites unite in Washington to rein in AI

Bipartisan figures including Sanders and Bannon urge AI limits as OpenAI backs the FRONTIER Act creating the first federal AI safety framework.

At the Future of Life Institute's Pro-Human Assembly in Washington, Bernie Sanders and Steve Bannon both called for tighter AI limits, an unusual bipartisan alignment. OpenAI told Politico it supports the FRONTIER Act introduced by Representatives Jay Obernolte and Lori Trahan, which would create the first federal AI safety framework and require independent verification organizations for labs above high revenue and compute thresholds. Sanders proposed pausing data center construction, while Bannon favors a presidential executive order over legislation, and the White House opposes these measures.

The Decoder · 22h agoAI policy

A brief history of AI executives calling for regulation

The Verge chronicles the history of AI executives, from Samuel Butler and Turing-era warnings to Altman and Musk, publicly calling for AI regulation.

The article traces recurring calls for AI regulation, from Samuel Butler's 1863 warnings and Alan Turing's 1951 lecture to Bill Joy's 2000 essay and Microsoft's 2018 facial recognition stance. Modern examples include Elon Musk's 2017 remarks to US governors, the 2023 Future of Life Institute pause letter, and Sam Altman's 2023 Senate testimony. It argues such appeals from industry leaders who profit from AI warrant skepticism.

The Verge · AI · 1d agoAI policy1