As the landscape of AI regulation in Australia evolves to deal with the risk of AI-enabled disinformation, fraud, and privacy breaches, the Government has announced proposals for consumer law reforms to strengthen consumer guarantees, ban unfair trading practices and introduce artificial intelligence (AI) specific protections.
Treasury has published a discussion paper Review of AI and
The OAIC has published 2 new privacy guides on artificial intelligence (AI) for organisations:
The Australian Government has published a Proposals Paper for Introducing mandatory guardrails for AI in high-risk settings. It has also published a Voluntary AI Safety Standard.
It is proposed that in designating an AI system as high-risk due to its use, regard must be given to: a. The risk of adverse impacts to
The ACCC has published the issues paper for the 10th and final report of the ACCC’s Digital Platform Services Inquiry which will focus on the following 3 topics:
Recent announcements by the Australian Prudential Regulation Authority (APRA) discuss the risks associated with Artificial Intelligence and cyber threats.
In a recent speech an APRA Executive Board Member said that APRA broadly supports regulated entities beginning to test how they can incorporate AI into their practices.
But they cautioned that:
In common with any type