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ARTICLE · 29 MAY 2019

Is your business ready to adopt Artificial Intelligence?

Holding Redlich
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As Artificial Intelligence regulation develops, businesses must address legal and ethical considerations in AI contracts.

AustraliaCorporate/Commercial Law
Dan Pearce
Dan Pearce
Louise Almeida
Louise Almeida
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As Artificial Intelligence (AI) regulation develops, businesses entering AI contracts must confront legal and ethical considerations head on.

Currently, a range of AI governance frameworks are being rolled out. Last month CSIRO's Data61 released a discussion paper on AI, which included a proposed ethics framework. The following week the EU's High Level Expert Group on Artificial Intelligence released AI ethics guidelines.

Data61's proposed ethics framework principles are largely consistent with existing regulation. The proposed core ethics principles for AI are:

  • Generates net-benefits
  • Do no harm
  • Regulatory and legal compliance
  • Privacy protection
  • Fairness
  • Transparency and explainability

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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