Regulators are failing to clarify how businesses should navigate the use of artificial intelligence, according to the Productivity Commission. The Commission’s Stephen King stated that while new guidelines for high-risk AI are forthcoming, existing regulations already address many potential risks associated with the technology. However, regulators are not effectively communicating how these laws apply in the AI era. This lack of guidance leaves businesses in the dark regarding compliance and best practices.
Regulators Fail to Clarify AI Compliance Rules, Urging Government Action, Australia
Date:
Updated: [falahcoin_post_modified_date]
More like thisRelated
Revolutionary Small Business Exchange Network Connects Sellers and Buyers
Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.
District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US
District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.
Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US
Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.
Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US
Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.
