A report by the peak industry body for artificial intelligence says it is time for government to develop an AI plan and that the lack of one is hampering the industry and exposing Australians to risk.
abc.net.au/news/australians-say-not-enough-done-to-regulate-ai/102158318Two-thirds of Australians say there are not enough laws or regulations preventing artificial intelligence from being abused, and fewer than half trust AI to be used safely at work.
The authors found Australians were "over the hype" of AI and had moved into the "trough of disillusionment" and found that same uncertainty spilling over into conversations with industry and government, who were uncertain whether to approach AI with "outright resistance" or to explore the opportunities it presented.
The firm estimated that $370 million was added to Australia's economy each year by AI and expected that could explode to be worth more than $315 billion by 2028, as forecast by the CSIRO. The group says the absence of a specific policy on AI was a major obstacle to the sector, and that while existing laws could be used in cases where AI causes harm, those laws do not ensure AI technologies are designed or used safely.
The EU is also planning to establish a public database of AI technologies to assist in monitoring the sector.
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