Australia plans to regulate 'high-risk' AI. Here's how to do that successfully

This week, federal Minister for Industry and Science Ed Husic announced the Australian government’s response to the Safe and Responsible AI in Australia consultation. The response addresses feedback from last year’s consultation on artificial intelligence (AI). It received more than 500 submissions, noting “excitement for the opportunities” of AI tools, but also raising concerns about potential risks and Australians’ expectations for “regulatory safeguards to prevent harms”. Instead of enacting a single AI regulatory law like the European Union has done, the Australian government plans to focus on high-risk areas of AI implementation ......

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