There are big opportunities in AI, but also very real risks — how can governments get the balance right?
When Malcolm Turnbull talked up his "innovation agenda" after seizing the prime ministership in 2015, instead of sparking excitement about the future, all that many voters heard was that their jobs were on the line. Husic wants the advice of his expert group on what he has called "mandatory guardrails" for high-risk AI settings. "As with the introduction of any new technology, we need to be aware of the potential impact on employment, keeping in mind AI will help to build new industries and create well-paid secure jobs. Shadow communications minister David Coleman told ABC News the opportunity in AI is "bigger than in any technology since the creation of the internet itself". "Most aspects of AI do not require regulation, and excessive government involvement would make Australia less competitive.
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