DLA Piper has worked with Insurtech Australia in drafting a submission to the Federal Department of Industry, Science and Resources on its Discussion Paper, ‘Safe and responsible AI in Australia’. In doing so, DLA Piper engaged with Insurtech Australia and its membership to garner views as to the need for specific and targeted regulation of Artificial Intelligence (AI) in Australia.
Ultimately, the submission expresses the view that the Federal Government should conduct a gap analysis of the existing legislative and regulatory frameworks in Australia, with a view to assessing the extent to which further regulation is required.
Read the full press release here.
To read the Discussion Paper submission, follow this link.