US-China AI talks must ensure safety of both tech and business

AI Summary

The article argues that the US and China should deepen cooperation on AI safety and business through their planned formal dialogue and hotline. It notes that major US technology companies are committing large sums to chips, data centres and energy, increasing the stakes of managing the AI ecosystem.

In New York last month, US-China talks on artificial intelligence opened up a path of cooperation. This was affirmed by the Xi-Trump summit in Washington where both presidents agreed to establish a formal AI dialogue and hotline. With the next AI meeting set to happen in November, it is imperative that both countries further cooperation. The AI ecosystem is in flux. American tech companies are draining their coffers as they commit vast sums to chips, data centres and energy before the revenue...