The Winners of Trump’s A.I. Safety Plan

Andrew here. Is an Iran deal finally at hand? That is the central question in the markets after Treasury Secretary Scott Bessent said on Tuesday that an agreement to reopen the Strait of Hormuz could be finalized within 24 to 48 hours.

The reaction was swift: Government bond yields fell, while the SP 500 soared to a new high.

Here at the Aspen Economic Strategy Group’s annual meeting, economists and corporate leaders are debating the durability of the proposed framework. The immediate issue is whether a 60-day extension of the shipping and cease-fire arrangement can serve as a bridge to a lasting diplomatic resolution — or if it’s just another Band-Aid.

There’s more skepticism here than on Wall Street. Remember that a similar 60-day agreement struck in June quickly unraveled.

Uneven scrutiny

The Trump administration has laid out a plan to scrutinize leading artificial intelligence models for safety, as advanced tools from Anthropic and OpenAI spark increasing worries about the technology going rogue.

Article source: https://www.nytimes.com/2026/08/05/business/dealbook/winners-trump-ai-policy.html