It is reported that Australia’s Assistant Minister for Productivity Andrew Leigh, has downplayed concerns that AI will eliminate many white-collar jobs, advocating instead for light-touch regulation of the technology – “Government has a role in managing the risks AI presents – from privacy and bias to misinformation and discrimination…But regulation should follow a principles-based approach. Start by applying existing laws. Where those fall short, make technologically neutral amendments…Only if these approaches are insufficient should AI-specific rules be considered. The goal is to protect the public while allowing productivity-enhancing innovation to flourish.”
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