Author: Nicholas Davis, Industry Professor of Emerging Technology and Co-Director, Human Technology Institute, University of Technology Sydney

Australia’s federal government has today launched a proposed set of mandatory guardrails for high-risk AI alongside a voluntary safety standard for organisations using AI. Each of these documents offer ten mutually reinforcing guardrails that set clear expectations for organisations across the AI supply chain. They are relevant for all organisations using AI, including internal systems aimed at boosting employee efficiency and externally-facing systems such as chatbots. Most of the guardrails relate to things like accountability, transparency, record-keeping and making sure humans are overseeing AI systems in a meaningful way. They are aligned with emerging international standards such as the ISO…