What Australia Voluntary AI Safety Standard (Department of Industry, Science and Resources, August 2024) requires
The Australian Government Department of Industry, Science and Resources published the Voluntary AI Safety Standard on August 22, 2024. The Standard is non-mandatory practical guidance for Australian organisations developing or deploying AI systems, designed to support the Government's interim response to the Safe and Responsible AI in Australia consultation. The Standard establishes ten guardrails: (1) Establish, implement, and publish an accountability process including governance, internal capability, and a strategy for regulatory compliance; (2) Establish and implement a risk management process to identify and mitigate risks; (3) Protect AI systems and implement data governance measures to manage data quality and provenance; (4) Test AI models and systems to evaluate model performance and monitor the system once deployed; (5) Enable human control or intervention in an AI system to achieve meaningful human oversight; (6) Inform end-users regarding AI-enabled decisions, interactions with AI, and AI-generated content; (7) Establish processes for people impacted by AI systems to challenge use or outcomes; (8) Be transparent with other organisations across the AI supply chain about data, models, and systems to help them effectively address risks; (9) Keep and maintain records to allow third parties to assess compliance with the guardrails; (10) Engage your stakeholders and evaluate their needs and circumstances, with a focus on safety, diversity, inclusion, and fairness. The Standard is the precursor to mandatory guardrails for high-risk AI under the Australian Government's Safe and Responsible AI proposals, which align Australia with EU AI Act risk-based approach.
Pillar: AI Governance & Law · Authority: Australian Government Department of Industry, Science and Resources - Voluntary AI Safety Standard, August 2024 · Version: 1.0.0 · Last updated:
Primary source: https://www.industry.gov.au/publications/voluntary-ai-safety-standard
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- Australian Government Department of Industry, Science and Resources, Voluntary AI Safety Standard (August 2024)
- Voluntary AI Safety Standard, Guardrail 1: Establish, implement, and publish an accountability process including governance, internal capability, and a strategy for regulatory compliance
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