Australian government launches consultation to assess ban on “high-risk” AI

TL;DR Breakdown

  • The Australian government has initiated an unexpected eight-week consultation period aimed at determining whether certain “high-risk” artificial intelligence (AI) tools should be prohibited.
  • The Australian government seeks feedback on strategies to promote the “safe and responsible use of AI,” exploring options such as voluntary ethical frameworks, specific regulations, or a combination of both approaches.
  • The document emphasizes both the positive applications of AI in sectors like medicine, engineering, and law, as well as the potential harms associated with deepfake tools.

The Australian government has initiated an unexpected eight-week consultation period aimed at determining whether certain “high-risk” artificial intelligence (AI) tools should be prohibited. This move follows similar measures taken by other regions, including the United States, the European Union, and China, in addressing the risks associated with rapid AI development.

On June 1, Industry and Science Minister Ed Husic unveiled two papers for public review: one on “Safe and Responsible AI in Australia” and another on generative AI from the National Science and Technology Council. These papers were released alongside a consultation period that will remain open until July 26.

The Australian government seeks feedback on strategies to promote the “safe and responsible use of AI,” exploring options such as voluntary ethical frameworks, specific regulations, or a combination of both approaches. Notably, the consultation directly asks whether certain high-risk AI applications or technologies should be completely banned and seeks input on the criteria for identifying such tools.

The comprehensive discussion paper includes a draft risk matrix for AI models, categorizing self-driving cars as “high risk” and generative AI tools for creating medical patient records as “medium risk.” The document emphasizes both the positive applications of AI in sectors like medicine, engineering, and law, as well as the potential harms associated with deepfake tools, fake news generation, and instances where AI bots have encouraged self-harm.

Australian government vs AI

Concerns regarding bias in AI models, as well as the generation of nonsensical or false information known as “hallucinations” by AI systems, are also addressed in the discussion paper. It acknowledges that AI adoption in Australia is currently limited due to low levels of public trust. The paper references AI regulations implemented in other jurisdictions and Italy’s temporary ban on ChatGPT as examples.

Additionally, the National Science and Technology Council report highlights Australia’s advantageous capabilities in robotics and computer vision but notes relative weaknesses in core areas such as large language models. It raises concerns about the concentration of generative AI resources in a small number of predominantly US-based tech companies, which poses potential risks for Australia.

The report further explores global AI regulation, provides examples of generative AI models, and suggests that such models will likely have far-reaching impacts on sectors ranging from banking and finance to public services, education, and creative industries.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Australian government launches consultation to assess ban on “high-risk” AI

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月5日 01:30
Next 2023年6月5日 03:50

Related articles

  • Fed gains leeway on interest rates – All the juicy details

    Description It appears that a change in the wind is afoot, giving the US Federal Reserve some much-needed breathing room. Recent statistics show a cooling in the world’s economic powerhouse, providing the Fed with a potential respite from the tug-of-war that has been ongoing regarding interest rates. Taking A Breather: Fed’s Stance on Rates New job … Read more It appears that a change in the wind is afoot, giving the US Federal Reserve some much-needed breathing room. Recent statistics show a cooling in the world’s economic powerhouse, providing the Fed with a potential respite from the tug-of-war that has been ongoing regarding interest rates. Taking A Breather: Fed’s Stance on Rates New job figures released on a Friday signal that while the US employment sector remains robust, there’s a subtle chill setting in. The unemployment rate nudged upward in August, though not without a decent addition of 187,000 new positions. This data drop has experts suggesting that the Fed could hold its horses on further rate hikes, especially since the economic engine is showing signs of slowing down due…

    Article 2023年9月3日
  • XRP holders rejoice as new legislation could catapult their investments to new heights

    TL;DR Breakdown The XRP community has responded positively to recent efforts aimed at providing much-needed regulatory clarity to the cryptocurrency industry. According to Senator Emmer, the bill seeks to address the regulatory classification of digital assets, offering market certainty to innovators while establishing clear jurisdictional boundaries for regulators. This hearing marks an important step toward initiating discussions on the urgent need for market structure legislation for cryptocurrencies. The XRP community has responded positively to recent efforts aimed at providing much-needed regulatory clarity to the cryptocurrency industry. In May, Congressman Tom Emmer, a proponent of cryptocurrencies, introduced the Securities Clarity Act alongside U.S. Representative Darren Soto. According to Senator Emmer, the bill seeks to address the regulatory classification of digital assets, offering market certainty to innovators while establishing clear jurisdictional boundaries for regulators. One of the key challenges faced by token projects is the lack of differentiation between the asset itself and the securities contract. As a result, once a project becomes decentralized, it remains within the securities framework, limiting its utility and adversely affecting token holders. To overcome this issue,…

    Article 2023年6月8日
  • Hong Kong launches HKLVAA & Web3 harbor to drive Web3 industry growth

    TL;DR Breakdown Hong Kong establishes HKLVAA and Web3 Harbour for Web3 industry growth. Hong Kong aims to become a global hub for digital assets. Web3 Harbour and HKLVAA promote knowledge sharing and regulatory clarity. Hong Kong’s Web3 industry witnessed a significant milestone on Monday as leaders came together to announce the establishment of two pioneering associations: the Hong Kong Licensed Virtual Assets Association (HKLVAA) and Web3 Harbour. The momentous occasion occurred at the highly anticipated Radical Finance Asia event, marking the beginning of a concerted effort to foster the growth and advancement of the virtual asset industry and decentralized internet within the region. In a joint statement, the associations revealed their plans to open membership applications and kick-start a series of community activities, research initiatives, and educational programs commencing in July. The founding board of Web3 Harbour boasts an impressive lineup of industry trailblazers, including prominent figures from Animoca Brands, DLA Piper, and WHub, with the esteemed participation of PwC Hong Kong as a knowledgeable partner. Meanwhile, HKLVAA’s esteemed founding members consist of representatives from the Securities and Futures Commission…

    Article 2023年6月2日
  • Best Twitter threads of the day – May 24th

    Coinbase’s L2 network is gearing up for mainnet launch 1/ Base is gearing up for mainnet with safety and security as top priorities. Today, we’re excited to share our launch criteria! Reminder: Base has no plans to issue a network token.https://t.co/eRarQ4QzK8 — Base 🛡️ (@BuildOnBase) May 24, 2023 2/ Since our testnet launch, we’ve been overwhelmed by the response and the incredible projects that are being built on Base. We can’t wait to see more builders join teams like @blackbird_xyz @thirdweb @ParallelTCG & @oakcurrency who are showing what’s possible onchain. pic.twitter.com/ExM4egKmfz — Base 🛡️ (@BuildOnBase) May 24, 2023 3/ The Base testnet has been live since 2/23 and we’ve been diligently working towards mainnet. This includes auditing our codebase and infrastructure, load testing for scalability, supporting @optimismFND’s upgrade to Bedrock, and ensuring a top-notch developer experience. — Base 🛡️ (@BuildOnBase) May 24, 2023 4/ As we approach mainnet, we’ve defined a set of criteria that will unlock our launch: ✅ Successful testnet Regolith hardfork✅ Successful infra review with @OPLabsPBC 🕐 OP Mainnet upgrade to Bedrock🕐 Completion of audits with no…

    Article 2023年5月26日
  • Has Ethereum fallen into the hands of a powerful ‘cartel’?

    TL;DR Breakdown Controversial reports point to the possibility of Ethereum being influenced by a group of powerful miners known as the “Ethereum Cartel.” The Ethereum Cartel allegedly controls a significant portion of the network’s mining power, potentially giving them the ability to manipulate transactions and prioritize their own interests. Critics argue that the concentration of mining power within the Ethereum Cartel threatens the decentralized nature of the network and undermines the principles of transparency and fairness. Ethereum proponents say that Ethereum 2.0’s switch from PoW to PoS consensus will reduce miners’ influence and promote decentralization. Is Ethereum under siege? The Ethereum ecosystem is embroiled in a controversy over the outsized impact one of its staking pools, Lido Finance (LDO), has on the network as a whole. Anthony Sassano, the proprietor of The Daily Gwei and independent Ethereum educator, is credited with sparking the centralization concerns with a tweet.  Ethereum faces controversial issues over centralization The current controversy encircling the Ethereum ecosystem concerns liquid staking derivatives or LSDs, and Lido Finance in particular. Many of my fellow Ethereans are going to…

    Article 2023年6月7日
TOP