Australia advances artificial intelligence (AI) regulation with new expert panel, while the European Union nears adoption of AI Act.
By Regtech Africa
Australia has made a significant stride towards regulating AI by forming a panel of legal and scientific experts to advise on potential guardrails for the research, development and use of AI. The goal is to ensure that AI systems are transparent, well-tested, and accountable. Meanwhile, the European Union (EU) has moved another step closer to the adoption of the AI Act.
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