Proposed Artificial Intelligence guardrails a welcome step in curbing potential for harm: ATSE
The Australian Academy of Technological Sciences and Engineering (ATSE) has welcomed the release of proposals to implement mandatory Artificial Intelligence (AI) guardrails for high-risk AI applications as an important first step in creating a safe and responsible AI ecosystem in Australia.
The release of the voluntary AI Safety Standards, which provide guidance to AI developers and users while the guardrails are legislated, is also a prudent step. ATSE supports the guardrails and standards, and the principles proposed by the government for determining whether an AI system is high-risk.
The regulatory mechanism for determining which AI systems are deemed high-risk, and subject to the proposed mandatory guardrails, is still undergoing consultation. This mechanism will need to be clear and accountable to ensure that high-risk systems don’t slip through the gaps.
ATSE CEO Kylie Walker (pictured) said Australia has the potential to lead the world in responsible AI.
“Greater adoption of AI could see Australia’s economy increase by $200 billion annually, but it it is critical that robust measures are rapidly implemented to safeguard these areas and position Australia at the forefront of AI development.
“This is Australia’s AI moment. Ultimately, these proposals will help Australia lead in both technological and regulatory innovation in AI, setting a global standard for responsible and effective AI development and deployment.
“Investing further in local AI innovations will simultaneously create new AI industries and jobs here in Australia and reduce our reliance on internationally developed and maintained systems.
“Local AI industries will also give the Australian Government greater ability to regulate AI development in line with Australian community values and expectations,” said Walker.
ATSE thanks the Artificial Intelligence Expert Group, including its Fellow Professor Bronwyn Fox FTSE, for their work. The Academy is committed to working with the government and Australia’s AI stakeholders to ensure we harnesses AI’s transformative potential while maintaining the highest standards of safety, responsibility, and innovation.
