04830nam a22005055i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050001200153050000900165072001500174072001400189072002300203072001400226072001300240100007700253245015200330250001800482264007900500300004200579336002600621337002600647338003600673347002400709505054200733520259001275650002303865650002903888650002003917650003303937650002303970650002303993650002904016650002704045650003804072710003404110773002604144776003604170776003604206776003604242856004604278978-3-031-65514-2DE-He21320251030114921.0cr nn 008mamaa250108s2024    sz |    s    |||| 0|eng d  a97830316551427 a10.1007/978-3-031-65514-22doi 4aK487.E3 4aHB73 7aKC2bicssc 7aL2bicssc 7aBUS0000002bisacsh 7aKC2thema 7aL2thema1 aKovač, Mitja.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut10aGenerative Artificial Intelligenceh[electronic resource] :bA Law and Economics Approach to Optimal Regulation and Governance /cby Mitja Kovač.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024.  aXV, 224 p. 1 illus.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda0 aCHAPTER 1: Introduction -- Part I. Conceptual framework -- CHAPTER 2. Economic Analysis of Law  -- CHAPTER 3. The Case for Regulatory Intervention and its Limits -- CHAPTER 4. Introduction to the Generative Artificial Intelligence Systems -- Part II. Generative Artificial Intelligence and Key Regulatory Questions -- CHAPTER 5. What can get wrong? -- CHAPTER 6. Key Regulatory Principles and Current Regulatory Approaches -- CHAPTER 7. Towards an Optimal Regulator: Critical Assessment of the EU Artificial Intelligence Act -- Epilogue.  a“AI is guaranteed to change nearly every aspect of our lives, but predicting how it will do so and determining what role law and regulation should play involve huge uncertainty. Kovac gives us an insightful roadmap, using the tools of law and economics, to our bewildering future. In the process, he also provides a comprehensive and necessary guide to understanding the regulatory and legal challenges we will face in the very near future.” —Jonathan Klick, Charles A. Heimbold, Jr. Professor of Law, University of Pennsylvania and Erasmus Chair of Empirical Legal Studies, Erasmus University Rotterdam This book takes a comparative law and economics approach to explore the role of public and private actors in regulating generative artificial intelligence. The book provides an introduction and context for the creation of new generative AI technologies, now understood to be the chief goal of the leading AI companies. As autonomous ‘super-intelligences’, these technologies are still an unknown entity which nevertheless have profound implications for liberal democracy, consumer choice mechanisms, mutual trust, and political legitimacy. This book explores the deep challenges posed for lawmakers and how we can achieve an optimal form of regulation and governance of such unreliable technologies. Chapters investigate possible hybrid modes of regulation, such as a co-regulatory approach between private AI companies and public actors in addressing the issue of misinformation spread. It also explores mixed types of regulation toward research on new forms of AI, arguing that different levels of systemic risk posed by different technologies must be accounted for. Different contemporary and historical contexts for the regulation of unprecedented technical innovation are also considered, and new suggestions for policy are presented. This book is a timely resource which will be of interest to researchers and practitioners in economic governance, law and regulation, artificial intelligence, and comparative law. Mitja Kovač is full time Professor of Civil and Commercial Law at the University of Ljubljana, School of Economics and Business, Ljubljana, Slovenia. He is also a visiting lecturer at the Erasmus University Rotterdam, The Netherlands, at University of Ghent, Belgium, at the ISM University of Management and Economics in Vilnius, Lithuania, and at University of Vienna, Austria. He publishes in the fields of comparative contract law and economics, new institutional economics, consumer protection, contract theory and competition law and economics. 0aLaw and economics. 0aArtificial intelligence. 0aCommercial law. 0aEuropean Economic Community. 0aIndustrial policy.14aLaw and Economics.24aArtificial Intelligence.24aEuropean Economic Law.24aRegulation and Industrial Policy.2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303165513508iPrinted edition:z978303165515908iPrinted edition:z978303165516640uhttps://doi.org/10.1007/978-3-031-65514-2