The United States, the European Union, and the United Kingdom have signed the Framework Convention on AI, the world's first legally binding international treaty on artificial intelligence. The treaty prioritizes human rights and democratic values as key to regulating public and private-sector AI models. It holds each signatory accountable for any harm or discrimination caused by AI systems and mandates that the outputs of said systems respect citizens' equality and privacy rights, giving victims of AI rights violations legal recourse.

However, consequential reinforcement, such as fines, has yet to be implemented, and compliance with the treaty is currently only enforced via monitoring. The UK's minister for science, innovation and technology, Peter Kyle, stated that signing the treaty would be an "important" first step globally in unifying the world's goals and values related to artificial intelligence.

The Framework Convention on AI is expected to be signed on September 5th and would be the world's first international treaty on AI that is legally binding to its signatories. This historical event marks a significant milestone in the global effort to regulate the development and use of artificial intelligence while prioritizing human rights and accountability.

Source: https://cointelegraph.com/news/global-ai-treaty-human-rights-regulation

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