Australian AI Laws: How the Government Plans to Regulate Artificial Intelligence
Australian Financial Review
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Details
- Date Published
- 23 Apr 2024
- Priority Score
- 4
- Australian
- Yes
- Created
- 8 Mar 2025, 12:05 pm
Description
The government plans to announce a revamped expert group to shape its thinking on the pivotal new technology around the time of the May budget.
Summary
The Australian government is preparing to empower business interests significantly in shaping AI regulation by revamping the expert group advisory on artificial intelligence policies. This move comes amid deliberations on adopting either stringent EU-style laws for high-risk AI applications or a more principle-based legislative framework. The implications of this development could be substantial for AI governance and safety, impacting how AI technologies are harnessed and mitigated against potential risks. This initiative highlights a crucial moment in Australia's approach to AI policy, with possible global repercussions given its alignment with or deviation from international regulatory standards.
Body
TechnologyAIPrint articleNick BonyhadyTechnology writerApr 23, 2024 – 5.00amSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginBusiness 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.Two visions of regulation for high-risk AI are being considered behind the scenes, according to sources familiar with the matter: a stringent European Union-style AI law or legislation relying on broad principles.Loading...Nick Bonyhadyis a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age.Connect withNickonTwitter.EmailNickatnick.bonyhady@afr.comSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAIEd HusicSally McManusBusiness Council of AustraliaAustralian Council of Trade UnionsAI SummitFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy end‘We’ll fight’: Alex Waislitz on family battles and bad betsPatrick DurkinJob appointments have never been purely merit-based: CEW chiefWhy this CEO saves creative work for after her periodA last-chance tote bag and a groovy case for trumpetersEugenie KellyLooking to escape? Here are the week’s hottest getawaysThis perfume gets aged in an oak barrel like a fine wineForrest family powerbroker had alleged role in big Fortescue decisionsPeter KerEllison-run garnet mine faces punishment over unsanctioned development‘We’ll fight’: Alex Waislitz on family battles and bad bets