Members of Australia’s technology sector have given a measured tick of approval to federal government’s move to regulate high-risk AI use cases.
Legislative controls on the use of AI will form part of the federal government’s first major response to regulating the rapidly advancing technology.
The government will spend $17 million to help small businesses upskill in AI,with Australia near the bottom of the table for adoption globally.
Australian companies are shrinking or stagnating when they try to join the ranks of the nation’s biggest employers,spurring the federal government to help them commercialise ideas.
The science minister said people use technology because they believe the government has considered its application – in the same way as foods and medicines.
Cabinet members Ed Husic and Anne Aly said Palestinian-Australians were feeling ignored,highlighting tensions in Labor over the Israel-Hamas war.
A Sydney resident made a tearful plea for the release of her nephew and his family,who are among the scores of men,women and children taken hostage by Hamas.
The government made the payment to the National Reconstruction Fund to mark the first meeting of its board and the start of talks over its investment mandate.
Labor has created its policy position on AI,which will for the first time outline the party’s approach to the amorphous technology dominating global debate.
Australia has benefited enormously from globalisation. But Treasurer Jim Chalmers says the old models don’t apply as well as they did.
OpenAI CEO Sam Altman and Industry Minister Ed Husic have discussed ways to minimise the potential negative effects of the rapidly advancing technology.