towards the optimal regulatory framework
Mitja Kovač (Author)

Abstract

The issue of super-intelligent artificial intelligence (AI) has begun to attract ever more attention in economics, law, sociology and philosophy studies. A new industrial revolution is being unleashed, and it is vital that lawmakers address the systemic challenges it is bringing while regulating its economic and social consequences. This paper sets out recommendations to ensure informed regulatory intervention covering potential uncontemplated AI-related risks. If AI evolves in ways unintended by its designers, the judgment-proof problem of existing legal persons engaged with AI might undermine the deterrence and insurance goals of classic tort law, which consequently might fail to ensure optimal risk internalisation and precaution. This paper also argues that, due to identified shortcomings, the debate on the different approaches to controlling hazardous activities boils down to a question of efficient ex ante safety regulation. In addition, it is suggested that it is better to place AI in the existing legal categories and not to create a new electronic legal personality.

Keywords

promet;umetna inteligenca;zakonodaja;traffic;artificial intelligence;legislation;

Data

Language: English
Year of publishing:
Typology: 1.01 - Original Scientific Article
Organization: UL EF - Faculty of Economics
UDC: 342.7:007.52
COBISS: 67406851 Link will open in a new window
ISSN: 1867-299X
Views: 487
Downloads: 235
Average score: 0 (0 votes)
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Other data

Secondary language: Slovenian
Secondary keywords: promet;umetna inteligenca;zakonodaja;
Type (COBISS): Article
Pages: str. 94-113
Volume: ǂVol. ǂ13
Issue: ǂiss. ǂ1
Chronology: 2022
DOI: 10.1017/err.2021.28
ID: 13055840
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