| NOTAS: | European added value assessment
"The findings of this European added value assessment (EAVA) suggest that the revision of the EU civil liability regime for artificial intelligence systems (AI) would likely generate substantial economic and social added value. The current preliminary analysis suggests that by 2030, EU action on liability could generate €54.8 billion in added value for the EU economy by stepping up the level of research and development in AI and in the range of €498.3 billion if other broader impacts, including reductions in accidents, health and environmental impacts and user impacts are also taken into consideration. A clear and coherent EU civil liability regime for AI has the potential to reduce risks and increase safety, decrease legal uncertainty and related legal and litigation costs, and enhance consumer rights and trust. Those elements together could facilitate the faster and arguably safer uptake and diffusion of AI. Member States have not yet adopted specific legislation related to the regulation of liability for AI, with some exceptions related to drones, autonomous vehicles and medical AI applications. Timely action at EU level would therefore reduce regulatory fragmentation and costs for producers of AI while also helping to secure high levels of protection for fundamental and consumer rights in the EU." |
