According to Cointelegraph, global leaders have signed the European Commission’s AI Convention, which aims to unify goals and values ​​related to artificial intelligence. The United States, the European Union, and the United Kingdom are expected to sign the convention on September 5.

The Convention is the world's first legally binding international treaty on AI. It emphasizes human rights and democratic values, requires that the output of AI systems respect citizens' equality and privacy rights, and provides legal resources for victims of AI rights violations.

Peter Kyle, Britain's minister for science, innovation and technology, said signing the treaty, which was drafted by more than 50 countries including Canada, Israel, Japan and Australia, was an important first step in the global response to the challenges of AI.

This summer, the European Union became the first region to implement comprehensive AI regulations. The EU AI Directive came into effect on August 1, implementing key compliance obligations in stages, but also sparked controversy among developers who believe it stifles innovation.

In the United States, Congress has not yet implemented a national AI regulatory framework, but the Biden administration has established an AI safety committee and working group. California has passed two AI regulatory bills in the past two weeks, targeting unauthorized AI-generated digital copies and security testing of advanced AI models.

AI regulation in California is particularly important because it is home to some of the world’s leading developers, including OpenAI, Meta, and Alphabet.