data regulation

Australia has a problem with slowing productivity growth. As the group tasked with addressing this, the Australian Government’s Productivity Commission is looking at AI as a potential part of the problem. Recently, the Commission released a three-paper report, Making The Most Of The AI Opportunity: Productivity, Regulation And Data Access, to further analyse this opportunity. To maximise productivity gains from AI, the paper advocates for a soft-touch approach to regulation. Additionally, the Commission…

Image: Adobe/Andrii Global data highlights a concerning trend, where Australian organisations are starting to fall behind in a “trust gap” between what customers expect them to do with data and privacy and what is actually happening. New data shows that 90% of people want to see organisations transform to properly manage data and risk. With a regulatory environment that has fallen behind, for Australian organisations to deliver this, they will need to move faster than the regulatory environment. Australian…

Government's plan to regulate "non-personal" data has jolted US tech giants Amazon, Facebook, and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A government-appointed panel in July recommended setting up a regulator for information that is anonymised or devoid of personal details but critical for companies to build their businesses.The panel proposed a mechanism for firms to share data with other entities - even competitors -…