[Trump Says He Warned Head of Major AI Company to "Prepare for Jail Time"] According to a transcript of a CBS "60 Minutes" interview, when asked about AI security risks, US President Trump stated that AI risks are "far less real than they say" and are manageable, overseen by the US Department of Justice. Trump claimed that someone was reported for using AI for malicious purposes, and the government immediately issued a stern warning to that person to "prepare for jail time," after which the person "completely changed everything." Trump declined to name specific individuals or companies but confirmed that the person was the head of "one of the major AI companies." When asked if he would cooperate with Democrats on AI security legislation, Trump said he was "absolutely willing," stating he wouldn't mind setting up safeguards but didn't want the US to fall behind in the AI race. Previously, in a "60 Minutes" interview, Trump responded to allegations of a conflict of interest with WLFI, stating that he co-owned the company but didn't understand its business, and that it was managed by his son.