Andrew Charlton flags requiring AI companies to run tough ‘risk management’ systems

Assistant Minister for Science, Technology and the Digital Economy, Andrew Charlton, has flagged the government is looking to regulate AI companies by forcing them to run rigorous “risk management” processes.

Called “systems regulation”, the approach would place “the onus on companies to build and run a rigorous process for finding, testing, reporting on and managing the risks of their systems”.

They would then be held “accountable for whether that process works,” Charlton said in a speech to the Sydney Trust and Safety Festival on the Regulation of AI.

The…

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