The Center for Data Innovation submitted this response to the Department of Industry, Science and Resources’ proposal paper, “Introducing mandatory guardrails for AI in high-risk settings.”
AI holds vast potential to benefit Australia’s economy and society, but realizing this potential requires a thoughtful and balanced regulatory approach. Australia’s approach to guardrails for AI would be improved if policymakers:
- Define sector-specific policy objectives before implementing AI guardrails;
- Ensure regulation is grounded in evidence-backed risks, not driven by public fears;
- Avoid myopic AI-focused regulations that overlook broader, non-AI risks.