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https://www.technologydecisions.com.au/content/it-management/article/lacklustre-governance-renders-ai-nothing-more-than-biased-bots-524469247>
"Regulatory discussions concerning AI are well underway, but despite attention
from the government and private sector, governance efforts are struggling to
keep pace with the speed of AI adoption.
Right now, 60% of Australian organisations are expanding their AI capabilities,
according to CSIRO. At the same time, governance gaps, poor data quality and
regulatory uncertainty are creating an environment where AI failures aren’t
just possible — they’re inevitable.
A single bad output, a biased algorithm, or a security breach could bring a
company’s AI ambitions crashing down overnight. The hard truth is AI isn’t just
a tech upgrade — it’s a liability if companies don’t get serious about
governance.
The Australian Government knows the risks, but regulation is still catching up.
Minister Ed Husic has confirmed that the government is in the final stages of
shaping what the nation’s regulatory response will be to AI, but companies
waiting for a clear rulebook are setting themselves up for failure.
Right now, AI regulation in Australia is a patchwork of voluntary guidelines
and best-effort policies. Meanwhile, companies are deploying AI systems at
scale with little accountability.
The reality is that compliance won’t be optional for much longer. The
government’s working away on its proposed AI guardrails for high-risk settings,
mirroring global regulatory moves like the EU AI Act. But waiting for the ink
to dry on legislation before taking action is like ignoring a fire alarm and
hoping the flames go out on their own."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
