International: CoE Convention on AI - what to expect after its signature?

The Council of Europe's Framework Convention on Artificial Intelligence, signed by ten countries including the EU, UK, US, Canada, Australia, Japan, and Mexico, aims to set global legal standards for AI governance to protect human rights, democracy, and the rule of law. It introduces broad definitions, general obligations, and principles for signatories to ensure AI systems' alignment with human rights and democratic integrity, adopting a risk-based approach without prescribing specific penalties. The Convention will be legally binding only upon ratification, with varying implications for AI legislation in different countries, such as the EU's alignment with the Convention through the EU AI Act, the UK's forthcoming legislation, and the US's fragmented approach due to the lack of federal AI law.