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Applied AI·October 3, 2026·1 min read

Bessent Says AI Industry Must Own Its Risks and Find Solutions

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When the US Treasury Secretary calls existential‑risk talk "alarmist" and pushes for industry self‑policing, the policy center of gravity is shifting toward pragmatic, near‑term risk management. Operators should expect more pressure to demonstrate concrete safeguards and audits in their own deployments — and less patience for abstract doom narratives without operational controls attached.