The spread of agentic artificial intelligence risks undermining consumer protections, Australia’s consumer and competition regulator has warned, calling into question recent Treasury advice that legislation is well equipped to deal with the technology.
The Australian Competition and Consumer Commission’s most recent AI industry snapshot released on Wednesday says constant monitoring of technological advancements will be needed to keep consumer laws strong.
ACCC chair Gina Cass-Gottlieb said the growing importance of …
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