AI is just software and you are liable for harms from its use the same way you would be for other software. If you sell AI as a product and harms occur where you misrepresented risk to the user, there is contract and tort law for that.
I feel like our laws generalize to AI and we should stop treating it as some kind of person with self agency that we don’t know how to police. Prosecute one OpenAI researcher whose agent is uncontrolled and commits a felony. One example. Researchers would find a way to make a sandbox that works.
Yeah, I haven't seen too many convincing arguments that the law needs reform. I am very convinced that lots of proposed reforms are self-serving and bad for society at large.