The Australian government is considering regulating and labelling content generated by AI technologies due to public concerns. They will release a response that highlights the potential for AI and automation to increase the country’s GDP. However, there is a need for stricter regulation for high-risk applications such as self-driving cars or programs assessing job applications. The government pledges to establish an expert advisory group to develop AI policy and further guardrails, as well as a voluntary “AI safety standard” for businesses integrating AI tech into their systems. They will also consult the industry on new transparency measures and introduce mandatory safeguards such as pre-deployment risk and harm prevention testing for new products. The paper outlines specific concerns around high-risk AI systems, such as those used to predict a person’s likelihood of recidivism, suitability for a job, or enabling a self-driving vehicle.
Source: The Guardian
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