Australia: Closed consultation on proposals paper for introducing mandatory guardrails for AI in high-risk settings

On 4 October 2024, the Department of Industry, Science and Resources of Australia closed its consultation regarding a proposals paper on introducing mandatory guardrails for AI in high-risk settings. The consultation is part of the Australian Government’s integrated approach to AI regulation. In particular, the paper aims to define “high-risk AI” through the proposed principles for determining high-risk AI settings and their potential application to general-purpose AI models. In addition, the consultation addresses 10 mandatory guardrails applying across the AI supply chain and throughout the AI lifecycle in high-risk settings to reduce the likelihood of harms from the development and deployment of AI systems. Finally, the consultation outlines regulatory options to mandate guardrails.