Albanese government considers AI-specific lawAustralia is mulling over options that would impose mandatory guardrails on the use of artificial intelligence.Joseph Olbrycht-PalmerGift this articleless than 2 min read6:51AMSeptember 05, 2024.Updated8:26AMSeptember 05, 2024NewsWireThe Albanese government is mulling over options that would impose mandatory guardrails on the use of AI in a bid to ensure organisations safely use the technology.A discussion paper due out on Thursday will outline three options to be considered over months-long consultations.Two options include retrofitting existing legislation, while a third proposes a stand-alone Act mimicking European Union legislation.They come as new voluntary AI standards are rolled out.Businesses are failing to establish ‘responsible practices’ when it comes to AI. Picture: Marco Bertorello / AFPIndustry and Science Minister Ed Husic said AI “guardrails” were needed because the vast majority of businesses were failing to establish “responsible practices”.“Research that we’re releasing today from the National AI Centre shows that nearly 80 per cent of businesses in Australia think they’re doing the right thing, but only around 30 per cent are putting in place the responsible practices required to use AI,” he told the ABC on Thursday morning.“So what we need to do is create that bridge between best intention and best practice.”He said the government was trying to identify and communicate the AI risks to businesses and then “show them the guardrails … so they can deal with those risks”.The proposed 10 mandatory safeguards largely focus on ensuring humans always have control when interacting with AI.Industry and Science Minister Ed Husic said AI regulation needed to ‘create that bridge between best intention and best practice’. Picture: NewsWire / Martin OllmanThey would compel organisations developing AI to establish risk management processes, ensure human control or intervention, and create options for people to challenge AI decisions, such as a job rejection.“People get that AI can do a lot of good things,” Mr Husic said.“But clearly, the community’s concerned about the risks, and I think that it is the job of governments, working with businesses, to respond to that concern and put in place the things that will give the public comfort around the use of AI.”He added there was “a lot of benefit” from using AI.More to comeJoin the conversationAdd your comment to this storyTo join the conversation, pleaselog in.Don't have an account?RegisterJoin the conversation, you are commenting asLogoutMore related storiesNewsWireHalf cost of new house goes to tax, reportHuge chunks of the cost of building a new home are being eaten up by taxes and red tape, new analysis shows.Read moreNewsWireUrgent hep B alert for mums, bubsA hepatitis B health alert has been issued to hundreds of mums and children who were admitted to the Nepean Hospital Birth Unit between 2013 and 2024.Read more