The Trump administration is still working through its plans for oversight of cutting-edge AI models, but doesn’t envision a big new agency for the job, according to White House National Economic Council Director Kevin Hassett.
"The White House – nobody has an idea that we should do something like bring in a giant new bureaucracy to approve AIs,” Hassett said on CNBC Monday.
Treasury Secretary Scott Bessent, National Cyber Director Sean Cairncross and White House Chief of Staff Susie Wiles are coordinating the administration’s approach, Hassett indicated. Officials are working with the private sector "to make sure that the models, before they’re released into the public, aren’t going to cause an extreme amount of harm.”
Hassett was speaking after Bloomberg reported last week that a draft executive order from President Donald Trump could revamp existing cybersecurity information-sharing programs to include AI companies and address threats posed by the emerging technology.
Trump will decide whether to proceed with an executive order or whether "the current system is working well enough,” Hassett said.
"I can tell you that they’ve made a huge amount of progress in the last few weeks, because there’s been a sort of all-of-government, all-of-the-private sector approach” to think through future situations as AI models get better and better, he said. – Bloomberg
