First Legally Binding AI treaty : Council Of Europe
The first legally binding AI treaty, signed by the US, EU, and UK, prioritizes human rights and democracy, adopting a risk-based approach to AI regulation across public and private sectors.
- The Framework Convention on AI by the Council of Europe aims to mitigate AI threats to human rights, democracy, and the rule of law.
- Unlike the EU AI Act, it ensures AI lifecycle activities align with these principles.
Key Features of the AI Treaty:
- Regulates AI systems based on risk levels throughout their lifecycle.
- Ensures AI systems uphold human rights, democracy, and the rule of law.
- Covers AI use in both public and private sectors globally.
- Signatories are responsible for harmful and discriminatory AI outcomes.
- Victims of AI-related rights violations are guaranteed legal protection.
- AI systems must not undermine democratic institutions or judicial independence.
- Involves commitments from nations beyond Europe for a united global AI standard.
- Relies on monitoring for compliance rather than fines or penalties.
