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flag Australia seeks balanced AI regulation to boost economy, facing job and copyright concerns.

flag Australia plans to take a balanced approach to regulating artificial intelligence (AI), aiming to boost economic growth without stifling innovation. flag The Productivity Commission's report suggests AI could add over $116 billion to the economy over the next decade. flag Treasurer Jim Chalmers advocates for a "sensible, middle path," focusing on adapting current rules rather than imposing strict controls. flag However, unions and creative industry groups are concerned about the impact on jobs and copyright.

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