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Unions call for workers to be at the core of AI regulation

HR Leader reports AI is present in nearly every industry with increasing adoption of AI in global workplaces. As a result, global workplaces need to consider the group most affected by the changes in AI regulation and adoption – the workers. The ACTU is calling for a “worker-centred approach” and recommends including workers in the...


Artificial Intelligence to dominate financial reporting in three years

Business leaders expect generative Artificial Intelligence (AI) to revolutionise financial reporting, predicting 99 per cent of organisations will use the technology in financial reporting in three years. Business leaders foresee that auditors will be at the forefront of the technology transformation, according to a survey by KPMG International. The study surveyed global financial reporting executives...


Cautionary approach required to rollout of AI

As reported in the online publication WAtoday, Australia’s privacy commissioner is urging caution in the speed at which AI is being rolled out by big technology companies. Commissioner Carly Kind is concerned that the fast-evolving technology is being deployed without appropriate safeguards in place for citizens. The privacy commissioner has powers to investigate serious privacy...


FSO releases report on generative AI in the workplace

As part of our consultation for the WA Jobs, Education and Training (WAJET) survey, our Industry Engagement Managers have found that AI is having an ever-increasing impact across all occupations, with generative AI being used significantly within financial, administrative and executive roles. FAPSTC was pleased to participate in a webinar where Future Skills Organisation (FSO)...