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Australia Responds to Rapid Rise of AI

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An International Monetary Fund study released this week found AI was poised to impact about 60% of all jobs in advanced economies.

The Australian government will strive to avoid impeding the growth of low-risk AI, while introducing a risk-based system to protect against the worst potential harms of AI.

Credit: East Ventures

In response to the accelerated use of AI technologies, the Australian government has announced plans to establish an expert advisory committee to formulate mandatory "safeguards" for the highest-risk AI technologies, such as self-driving vehicle software, predictive technologies used by law enforcement, and hiring-related AI tools.

Such safeguards could include independent testing requirements and ongoing audits.

Additionally, organizations using high-risk AI could be required to appoint someone to be responsible for safe use of the technologies.

From ABC News (Australia)
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