On 5 September 2024, Australia’s Department of Industry, Science and Resources published a voluntary AI Safety Standard to provide practical guidance to help organisations develop and deploy AI systems in Australia safely and reliably. The publication sets out 10 voluntary AI guardrails and how to use them. Definitions, links to tools and resources, and information on how AI interacts with other business guidance and regulations are also included in the publication, together with case examples of when to apply the guardrails.
The Voluntary AI Safety Standard has 10 guardrails to assist organisations:
- understand the benefits of AI;
- mitigate and manage the risks AI may pose to your business;
- promote ongoing action to check AI systems are fit-for-purpose;
- encourage accountability for AI deployment, use and impact; and
- decide which systems are critical or which systems may pose the highest level of risk or harm.
The publication includes four examples of how individual guardrails might be applied in different use cases for a general-purpose AI chatbot, facial recognition technology, a recommender engine, and a warehouse accident detection. The examples show that the guardrails can be applied in different situational contexts and for different technologies.
Read more here
