Modern Australian
Men's Weekly

.

How should Australia capitalise on AI while reducing its risks? It's time to have your say

  • Written by Toby Walsh, Professor of AI, Research Group Leader, UNSW Sydney
How should Australia capitalise on AI while reducing its risks? It's time to have your say

The world missed the boat with social media. It fuelled misinformation, fake news, and polarisation. We saw the harms too late, once they had already started to have a substantive impact on society.

With artificial intelligence – especially generative AI – we’re earlier to the party. Not a day goes by without a new deepfake, open letter, product release or interview raising the public’s concern.

Responding to this, the Australian government has just released two important documents. One is a report commissioned by the National Science and Technology Council (NSTC) on the opportunities and risks posed by generative AI, and the other is a consultation paper asking for input on possible regulatory and policy responses to those risks.

I was one of the external reviewers of the NSTC report. I’ve read both documents carefully so you don’t have to. Here’s what you need to know.

Read more: No, AI probably won’t kill us all – and there’s more to this fear campaign than meets the eye

Trillions of life-changing opportunities

With AI, we see a multi-trillion dollar industry coming into existence before our eyes – and Australia could be well-placed to profit.

In the last few months, two local unicorns (billion dollar companies) pivoted to AI. Online graphic design company Canva introduced its “magic” AI tools to generate and edit content, and software development company Atlassian introduced “Atlassian intelligence” – a new virtual teammate to help with tasks such as summarising meetings and answering questions.

These are just two examples. We see many other opportunities across industry, government, education and health.

AI tools to predict early signs of Parkinson’s disease? Tick. AI tools to predict when solar storms will hit? Tick. Checkout-free, grab-and-go shopping, courtesy of AI? Tick.

The list of ways AI can improve our lives seems endless.

What about the risks?

The NSTC report outlines the most obvious risks: job displacement, misinformation and polarisation, wealth concentration and regulatory misalignment.

For example, are entry level lawyers going to be replaced by robots? Are we going to drown in a sea of deepfakes and computer generated tweets? Will big tech companies capture even more wealth? And how can little old Australia have a say on global changes?

The Australian government’s consultation paper looks at how different nations are responding to these challenges. This includes the US, which is adopting a light touch approach with voluntary codes and standards; the UK, which looks to empower existing sector-specific regulators; and Europe’s forthcoming AI Act, which is one of the first AI-specific regulations.

Europe’s approach is worth watching if their previous data protection law – the General Data Protection Regulation (GDPR) – is anything to go by. The GDPR has become somewhat viral; 17 countries outside of Europe now have similar privacy laws.

We can expect the European Union’s AI Act to set a similar precedent on how to regulate AI.

Photo of a person reading about personal data regulation on their smartphone
The European Union’s GDPR regulations came into effect on May 25 2018, and have become a model for other nations around the world. Shutterstock

Indeed, the Australian government’s consultation paper specifically asks if we should adopt a similar risk and audit-based approach as the AI Act. The Act outlaws high-risk AI applications, such as AI-driven social scoring systems (like the system in use in China) and real-time remote biometric identification systems used by law enforcement in public spaces. It allows other riskier applications only after suitable safety audits.

China stands somewhat apart as far as regulating AI goes. It proposes to implement very strict rules, which would require AI-generated content to reflect the “core value of socialism”, “respect social morality and public order”, and not “subvert state power”, “undermine national unity” or encourage “violence, extremism, terrorism or discrimination”.

In addition, AI tools will need to go through a “security review” before release, and verify users’ identities and track usage.

It seems unlikely Australia will have the appetite for such strict state control over AI. Nonetheless, China’s approach reinforces how powerful AI is going to be, and how important it is to get right.

Read more: How AI and other technologies are already disrupting the workplace

Existing rules

As the government’s consultation paper notes, AI is already subject to existing rules. These include general regulations (such as privacy and consumer protection laws that apply across industries) and sector-specific regulations (such as those that apply to financial services or therapeutic goods).

One of the major goals of the consultation is to decide whether to strengthen these rules or, as the EU has done, to introduce specific AI risk-based regulation – or perhaps some mixture of these two approaches.

Government itself is a (potential) major user of AI and therefore has a big role to play in setting regulation standards. For example, procurement rules used by government can become de facto rules across other industries.

Missing the boat

The biggest risk, in my view, is that Australia misses this opportunity.

A few weeks ago, when the UK government announced its approach to deal with the risks of AI, it also announced an additional £1 billion of investment in AI, alongside the several billion pounds already committed.

We’ve not seen any such ambition from the Australian government.

The technologies that gave us the iPhone, the internet, GPS, and wifi came about because of government investment in fundamental research and training for scientists and engineers. They didn’t come into existence because of venture funding in Silicon Valley.

We’re still waiting to see the government invest millions (or even billions) of dollars in fundamental research, and in the scientists and engineers that will allow Australia to compete in the AI race. There is still everything to play for.

AI is going to touch everyone’s lives, so I strongly encourage you to have your say. You only have eight weeks to do so.

Authors: Toby Walsh, Professor of AI, Research Group Leader, UNSW Sydney

Read more https://theconversation.com/how-should-australia-capitalise-on-ai-while-reducing-its-risks-its-time-to-have-your-say-206863

Why Commercial Construction Companies Play A Critical Role In Modern Urban Development

Urban development requires highly organised planning, engineering expertise, and professional construction teams capable of delivering complex build...

Essential Features for Comfortable Family Caravan Trips

Choosing the right van for family travel requires careful consideration of how the space will be used on a daily basis. Families have specific needs...

Chatswood Tutor: Helping Students Achieve Academic Success With Personalised Learning

Education plays a crucial role in shaping a student’s future, and many students benefit from additional academic support outside the classroom. A pr...

How External Consulting Can Guide Enterprise IT Strategy and Procurement

Internal IT teams carry deep operational knowledge, but that familiarity can create blind spots in strategic decisions. An external IT consultant br...

Why Sports Nutrition Australia Is Important for Performance and Recovery

Athletes and fitness enthusiasts place significant demands on their bodies during training and competition. Maintaining energy levels, supporting mu...

Common Mistakes to Avoid in Family Law Matters

Family law proceedings are inherently complex, and the decisions made in the early stages can have lasting consequences for all parties involved. Wh...

How Body Contouring Bundoora Helps Improve Shape And Confidence

Modern aesthetic treatments have made it possible to refine body shape without the need for invasive surgery. One of the most popular non-surgical o...

Why Plantation Shutters Are a Stylish and Practical Choice for Modern Homes

Window coverings play a major role in the comfort, privacy, and overall design of a home. Homeowners often look for solutions that provide both visu...

Why a Retractable Hose Reel Is Essential for Efficient Water Management

Managing hoses efficiently is important for both residential and commercial environments. Whether watering gardens, cleaning outdoor areas, or maint...

Best Ways to Trade In Your Old Tech for Cash in Australia

Upgrading your mobile is exciting, but many Australians are left wondering what to do with the device they no longer use. Instead of leaving it in a...

Why Doctors in Bundoora Play an Important Role in Community Health

Access to quality healthcare is essential for maintaining a healthy lifestyle and managing medical conditions effectively. Visiting experienced doctor...

Backyard Aesthetics Decoded: Mediterranean, Coastal, Retro, Rustic, and Beyond

Backyard design has come a long way from a patch of lawn, a barbecue in the corner, and a few chairs chosen purely for practicality. Today, outdoor ...

What Stops a Home From Feeling Flat-Pack Generic

There is nothing wrong with convenience. Flat-pack furniture, fast styling decisions, and online checkouts have made it easier than ever to furnish ...

5 Best Dental Clinics in Beecroft, NSW

The best dental clinics in Beecroft, NSW are Beecroft Smiles Dental Surgery, Beecroft Elegant Dental Clinic, McConnell Dental, Dentistry for Life, a...

Executive Recruitment: Finding Leadership Talent That Drives Organisational Success

Hiring the right leadership team can significantly influence the direction and performance of any organisation. Strong executives bring strategic thin...

Understanding the Importance of Abrasive Blasting in Industrial Surface Preparation

Surface preparation is an essential step in many industrial processes. Whether preparing metal structures, removing old coatings, or cleaning equipmen...

Farm Machinery Costs Set to Rise

With steep rises in fuel prices and the need for specialised maintenance, farm machinery costs are set to rise across Australia. The need for transpor...

Why an Employer Recruitment Agency Helps Businesses Build Stronger Teams

Finding the right employees is one of the most important responsibilities for any organisation. Businesses rely on skilled professionals who can con...