The Productivity Commission has issued its report to the Australian Treasurer in relation to five inquiries on productivity growth reform. Among 47 reform recommendations, the Commission recommended a three-year review period before granting exemptions related to AI and copyright laws. This approach aims to assess the impact of AI technologies on intellectual property rights and ensure that any exemptions are justified and beneficial. The Commission emphasizes the importance of balancing innovation with the protection of creators’ rights during this evaluation period.
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