Business will be handed a major say on the future of artificial intelligence in Australia, with the government planning to revamp the expert group helping set the direction of regulation on the pivotal technology.
One topic under consideration by that body is the model for future AI laws, which could apply to a range of industries seen as higher risk, such as healthcare, finance and housing. They could either prohibit specific practices like creating social scores for customers, as the European Union has done, or apply general standards such as prohibiting discrimination.
“It’s also investigating options for mandatory guardrails for high-risk AI which could include more testing and transparency, and whether some types of very high-risk AI may require an outright ban,” Mr Husic said. “I will have more to say on the findings of the group in the coming weeks and months.”point to its capacity to boost productivity by automating white-collar tasks and spurring the creation of new services.
Mr Black, whose organisation represents large tech companies and emerging start-ups, said building on existing standards and regulations would ensure Australia remains a competitive economy as AI adoption surges.in March, which bans practices such as using AI to assign “social scores” to people based on their deeds as China has done.
“There is already demonstrated risk with AI being used and leading to discrimination and unfair decision-making by employers.”“The use of artificial intelligence can make our businesses more competitive and productive and that’s good for growth, investment and more Australian jobs,” Mr Black said. He backed the government’s previously announced plans for a more principles-based approach.