The EU is establishing an AI liability framework through two key regulations: the Product Liability Directive (PLD), taking effect in 2024, and the proposed AI Liability Directive (AILD). The PLD introduces strict liability for defective AI systems and software, while the AILD addresses negligent use, though its final form remains under debate. Learn in this article the key points of these regulations and how they will impact businesses.
The Council of Europe has signed the world's first AI treaty marking a significant step towards global AI governance. This Framework Convention on Artificial Intelligence aligns closely with the EU AI Act, adopting a risk-based approach to protect human rights and foster innovation. The treaty impacts businesses by establishing requirements for trustworthy AI, mandating transparency, and emphasizing risk management and compliance.