Australia Announces AI Safeguards and New Regulatory Authority

Australia will introduce binding safeguards for artificial intelligence (AI) companies operating in the country, Prime Minister Anthony Albanese announced today, outlining plans for a new regulatory body to oversee the rapidly developing sector.

The new authority will supervise AI activities and enforce measures designed to establish a regulatory framework for the industry, Mr Albanese said.

“We cannot turn a blind eye and pretend nothing is happening. But what we can do is ensure that this technology serves Australia’s interests,” the Labor Prime Minister told reporters.

The proposed safeguards are expected to require AI companies to report technology-related risks and submit advanced AI models to independent assessments.

Read more: Australia Establishes AI Regulator After OpenAI Medicare Breach

“ Australia is a pioneer in this field, and we want to ensure that it fully reaps the potential benefits of AI,” the Prime Minister said.

However, he stressed that Australia must manage the technology responsibly, adding that maintaining public consent was absolutely essential.

(Source: AMNA)

Stay connected to Greek City Times for Free on Google News
Click NOW
Stay updated with the latest news from Greece and around the world on greekcitytimes.com.
Contact our newsroom to share your updates, stories, photos, or videos. Follow GCT on WhatsApp, Google News and Apple News.

Related coverage

• Anthropic Researcher Quits and Warns AI Could ‘Kill Us All’ by End of Decade
• Researcher Resigns With Warning Of AI Threat to Humanity
• Greece Builds Growing Semiconductor Industry With 35 Companies
• ChatGPT Leads in Greece, but Copilot Wins at Work

Advertising