The Australian government has released its National AI Plan, prioritizing the technology’s economic benefits and affirming that existing legislation is sufficient to manage the fast-growing sector, thereby rejecting a standalone AI Act. The plan outlines a strategy to “unlock” vast public and private datasets to train AI models, support workers affected by automation, and boost investment in data centers. The government also committed $30 million to establish an AI Safety Institute to advise on technology risks.
Labor Government Focuses on Economic Benefits and Existing Laws in New National AI Plan
