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Tech giants, major banks warn Labor to tread lightly on AI regulation

Amelia McGuireBusiness reporter
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Major banks and the world’s technology giants say the Albanese government should avoid broad new laws to regulate artificial intelligence and focus on preventing harm from specific high-risk uses that could include facial recognition.

The push, contained in submissions to the government from dozens of companies including National Australia Bank, Amazon and Atlassian, is at odds with demands from public interest groups for Australia to follow Europe and introduce specific rules on AI use.

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Amelia McGuire covers technology from the AFR's Sydney newsroom. She was previously the aviation, tourism and gambling reporter for The Sydney Morning Herald and The Age. Connect with Amelia on Twitter. Email Amelia at a.mcguire@afr.com.au

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    Original URL: https://www.afr.com/technology/tech-giants-banks-at-odds-with-human-rights-groups-on-ai-regulation-20241016-p5kio7