AI Regulation: Artificial Intelligence Flips the Script on Globalization. We Need a Plan to Deal with the Fallout
Australian Financial Review
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Details
- Date Published
- 29 June 2025
- Priority Score
- 3
- Australian
- Yes
- Created
- 30 June 2025, 02:12 pm
Description
In the age of automation, leadership will not be defined by who adopts AI the fastest but by who protects their people the best.
Summary
The article emphasizes the need for strategic planning to address the socio-economic repercussions of artificial intelligence on globalization. It highlights how AI's impact might diverge from past global economic shifts, urging a focus on protecting communities rather than merely embracing rapid technological adoption. The discussion prioritizes balancing technological advancement with societal welfare, a crucial consideration in mitigating potential risks associated with unchecked AI proliferation. This perspective is particularly relevant to Australian policy, echoing historical approaches to economic transition while acknowledging the need for updated frameworks to address AI-related challenges.
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TechnologyAIPrint articleJun 30, 2025 – 10.40amSaveLog 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?LoginWhen globalisation loomed on the horizon in the late 20th century, governments around the world faced a choice: open the economy fully or manage the transition strategically. Some nations, like the United States and the United Kingdom, chose the former, exposing entire communities to rapid economic change. Australia, under the stewardship of the Hawke and Keating governments, chose a more tempered path.Their economic reforms were far from painless, but they were purposeful. Bob Hawke and Paul Keating understood that modernising the economy through trade liberalisation, competition policy, and industrial relations reform was inevitable, and that it would come at a cost to the industrial working class.Loading...Kos Samarasis director strategy and analytics at Redbridge.SaveLog 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 MoreAIOpinionFuture technologyJobsRegulationFetching latest articlesWhat lurks beneath the stand-off over Sydney’s $750m new fish marketPrimrose RiordanWhy these Australian wines are at risk of extinctionHow much to tip? And other restaurant conundrums to chew onFrom number-cruncher to CEO: This boss’ unexpected path to the top1 hr agoSally Patten and Mandy CoolenHow this CEO wrote a report while cooking noodlesHow execs slay the horror ‘sandwich’ of work, kids and ageing parentsThere’s a reason Australians will wait 14 months for this SUV36 mins agoTony DavisWhy the fastest woman in the world was six seconds shortControversies aside, this Whoop tracker could slow your ageingMike Cannon-Brookes loses two executives from private office GrokPrimrose RiordanShuffle follows Stake into the gutterToorak Rich Listers caught up in mansion fire