The Council of Europe agreed on a treaty on artificial intelligence (AI) on Friday, claiming it is the first binding international treaty on the technology. The treaty, signed by its 46 nations, sets out a legal framework that covers the entire lifecycle of AI systems and addresses the risks they may pose while promoting responsible innovation. “With this new treaty, we aim to ensure a responsible use of AI that respects human rights, the rule of law and democracy,” the council’s Secretary-General Marija Pejčinović said in a statement. The convention aims to establish “transparency and oversig…