White House Official Says Private Sector Can Address AI Risks
National Economic Council Director Kevin Hassett stated that the private sector is best positioned to address risks associated with rapidly advancing artificial intelligence (AI). His comments followed President Donald Trump's criticism of industry leaders who have raised concerns about potential dangers from emerging AI technologies. Hassett emphasized on CNBC’s 'Squawk Box' that these issues are solvable and do not require expanded government intervention, though he acknowledged the administration is monitoring developments closely to ensure responsible behavior by firms. The White House maintains a pro-AI stance, arguing U.S. leadership in the field is crucial for maintaining an edge over China. Hassett reiterated that while the private sector should lead on solutions, regulatory enforcement will be used when necessary. The remarks come amid growing calls from some industry officials and members of Congress to increase government oversight. Trump has been vocal about dismissing concerns around AI as a 'hoax,' reflecting his administration’s broader support for technological innovation.
Topics: Artificial Intelligence Private Sector Role Regulation U.S. Government Policy