Exhibitor login
Bright 03 October 2026

AI industry must take responsibility

AI industry must take responsibility

U.S. Secretary of the Treasury, Scott Bessent, has criticized the warnings from prominent figures within the AI industry regarding the risks of artificial intelligence. He argues that these alarmist tones are unhelpful and could even be counterproductive. In his view, it is essential for the industry to take responsibility for the safety and accuracy of AI technologies.

Bessent emphasizes that the growing concern about the implications of AI across various sectors and society does not lead to practical solutions. Instead of merely pointing out potential dangers, companies and developers must take proactive steps to realize safe and responsible AI systems. This stance reflects a broader debate about the role of both policymakers and tech companies in managing the risks associated with AI.

The minister urges the industry not only to react to external pressure but also to create a smooth collaboration within the sector. According to him, self-regulatory initiatives and transparent practices are crucial for maintaining public trust in artificial intelligence. He sees this as a necessary step to positively influence the future.

Bessent's comments resonate with a growing demand for responsible leadership in the tech industry, where the focus is not solely on profit maximization but also on ethical considerations and societal impact. It is an important mobile coherence between technology and governance that is becoming increasingly relevant in today's society.

Read the full article from Bright.