Connect with us

Hi, what are you looking for?

US, EU and UK sign world’s first international AI treaty
US, EU and UK sign world’s first international AI treaty

AI

The US, EU, and UK have signed an important AI treaty that will protect human rights and regulate technology

IOHK and Hedera from Cardano, along with Ripple and Algorand, have become the last original members of the Dec Alliance. Setting up uniform procedures to make sure the safe and quick recovery of digital assets is a top priority for the Alliance. They want to make it as easy to recover assets as it is to handle a Web2 account. The new members will have a big say in how healing policies and standards are made. The goal is to make digital assets safer and the user experience better.

Three important countries—the US, the EU, and the UK—have taken a huge step forward by signing the first legally binding deal on artificial intelligence. The Framework Convention on AI is an agreement that aims to put human rights and democracy values at the top of the list when it comes to regulating AI technologies. It will hold both public and private organizations responsible for any harm AI systems cause.

This important historic treaty says that AI systems must protect people’s rights like privacy and equality, and it makes sure that people can go to court if their rights are violated. The framework stresses how important it is to keep an eye on things and follow the rules, even though there aren’t any fully formed punishments for not doing so yet.

The Framework Convention, which was written with help from more than 50 countries, is a coordinated global effort to deal with the problems AI causes while also supporting new ideas. The treaty also stresses the importance of openness by forcing businesses to look into and share information about how AI systems might affect democracy and human rights. Some see this as the first step toward making a world standard for how AI is governed.

As people around the world continue to learn more about AI’s possibilities, the convention shows a dedication to creating safe, fair AI systems that don’t violate human rights. In some countries, like the US and the EU, stricter rules may follow. This sets the stage for bigger rules to be made in other countries.

Advertisement

You May Also Like

Cryptocurrency

In this week's Crypto Chronicle, we explore Meta's new AI search engine that aims to reduce reliance on Google and Microsoft, Banco Bisa's custody...

Elections

In a triumphant return to the political stage, Donald J. Trump has been declared the winner of the presidential race, promising to usher in...

Business

Three days following its launch, Bitget Wallet Lite had amassed 6 million users on Telegram, demonstrating its quick success. This multichain wallet seeks to...

Cryptocurrency

Giancarlo Giorgetti, Italy's finance minister, has defended a plan to raise the capital gains tax on cryptocurrency trades to 42%. He supports the tax...

polkadot
Polkadot (DOT) $ 4.14 2.51%
bitcoin
Bitcoin (BTC) $ 74,784.04 1.22%
ethereum
Ethereum (ETH) $ 2,840.68 10.67%
cardano
Cardano (ADA) $ 0.372396 4.35%
xrp
XRP (XRP) $ 0.557788 4.87%
stellar
Stellar (XLM) $ 0.098165 2.06%
litecoin
Litecoin (LTC) $ 70.82 1.86%