Trump rules out joint US-China venture to develop AI

US President Donald Trump has ruled out any sort of joint venture with China in artificial intelligence (AI), arguing it would be tantamount to "giving away secrets" to America's main economic rival. Speaking at an event in Washington on Tuesday, Trump again argued against putting any restrictions on the technology that would stifle growth in the future, despite mounting public concern. Following Chinese President Xi Jinping's visit to the White House last week, Beijing and Washington announced the launch of a new AI dialogue, with further talks scheduled for November. The two countries also established a new communications channel to prevent misunderstandings during AI-related incidents. During Tuesday's event marking the launch of America.gov - a new AI-powered website designed to streamline government services - Trump argued the US is "leading by a lot" in the AI sector and does not want to "mix it up" with potential competitors. "If we do that, we're going to be giving a lot of secrets that we have that they [China] would want to have, or anybody else," he said. "Frankly, there is nobody in third place...it's all between us and China." Trump added that while the topic of AI cam...