This report analyses limitations, both technical and implementation, of artificial intelligence (AI) algorithms, and the implications of those limitations on the safe, reliable and ethical use of AI in policing and law enforcement scenarios.
The Digital Technology Taskforce has released this issues paper, seeking views on how Australia's regulatory settings and systems can maximise opportunities to enable and better facilitate the responsible use of new technologies, with a specific focus on artificial intelligence (AI) and automated decision making (ADM).
The committee's final report makes 12 recommendations in relation to the regulation of digital assets in Australia, 'de-banking' practices affecting Australian FinTechs and other businesses, and several other issues relating to Australia's position as a technology and financial centre, to drive opportunities for innovative businesses...
The Algorithmic Impact Assessment (AIA) is a new concept for regulating algorithmic systems and protecting the public interest. This report maps the challenges of constructing AIAs and provides a framework for evaluating the effectiveness of current and proposed AIA regimes.
This project develops a model for providing accountability for 'dark ads' on Australia’s most popular social media platform, Facebook. By showing what accountability looks like, the research reminds us just how dramatically the online advertising environment has shifted.
In the second phase of the inquiry, the committee has again categorised its work across the key areas of: tax settings; regulatory issues; access to capital; and skills and culture. This report also includes a standalone chapter on blockchain and digital assets, which is an...
The European Union has embarked on putting in place an aggressive regulatory regime for artificial intelligence (AI). In this report, Meredith Broadbent comments and reflects on the future of the transatlantic relationship and technological sovereignty.
This review focused on the use of algorithms in significant decisions about individuals. The review looks at the use of algorithmic decision-making in four sectors (policing, local government, financial services and recruitment) and makes cross-cutting recommendations that aim to help build the right systems so...
While there have been numerous reports on the need to regulate AI in the interests of the community, these and related new technologies also offer an opportunity for regulators to transform their internal processes.
Regulatory technology (regtech) is the use of technology to better achieve regulatory objectives. This paper is a discussion starter, targeted at policy makers and regulators. It identifies areas where regtech has been useful and offers further potential. It also highlights factors that policy makers and...
Utilities for democracy: why and how the algorithmic infrastructure of Facebook and Google must be regulated
This paper provides a framework for understanding why internet platforms matter for democracy and how they should be regulated. The authors describe the two most powerful internet platforms, Facebook and Google, as new public utilities — utilities for democracy — arguing that they should be...
The role of RegTech in augmenting regulatory compliance: regulating technology, accountability and liability
While RegTech in its many forms, from expert rule-based systems for compliance automation to artificial intelligence for reporting and compliance analysis, has the potential to revolutionise a regulator’s job, it comes with its own set of legal challenges.
This paper explores the recent applications of blockchain technology in financial services and outlines regulatory responses, to set the scene for future work in this area on corporate governance.