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Australian organisations are struggling to get value out of early AI deployments and could be walking into a cost trap, Gartner analysts warned on Monday, urging CIOs to implement a new ‘sandwich’ model to manage risks from the emerging technology. Governments and other public sector organisations in particular need to include additional “trust technologies” that operationalises AI safeguards and minimise a new wave of AI inspired shadow IT. The recommendations come as Australia finalises outside regulation of AI and the government introduces its own guardrails and urges businesses to adopt voluntary safeguards immediately.

Summary

The article highlights the challenges Australian organizations face in obtaining value from early AI deployments, which could lead to a financial trap if not managed carefully. Gartner analysts suggest implementing a 'sandwich' model to mitigate risks associated with emerging AI technology and emphasize the need for 'trust technologies' to operationalize AI safeguards. These insights are particularly relevant as Australia finalizes external AI regulations and the government pushes for immediate adoption of voluntary safeguards. This discourse contributes to understanding AI governance and safety in the Australian context, though it does not deeply delve into existential or catastrophic AI risks.

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