Australia should not rush to put restrictions around the use of artificial intelligence or it risks dealing the nation "out of the game," the Productivity Commissioner warns.
Commissioner Stephen King issued the warning at the CEDA AI Leadership Summit on Friday, which heard Australian banks, telcos, law firms and healthcare providers were increasingly using artificial intelligence to boost productivity and improve outcomes.
But experts also shared public concerns about the use of generative AI at the event, saying most Australians wanted the technology to be regulated, and that the use of AI needed to transparent, considered and unlikely to mislead users.
