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(Bloomberg) -- Australia will consider introducing mandatory “guardrails” on the development of artificial intelligence as the government attempts to balance the productivity benefits of the new technology with potential fallout including the dissemination of disinformation.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionIowa Latest: Haley

Australia is considering mandatory guardrails to promote the safe use of AI technology while bringing down its dangers.

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Where does the US stand? Policymakers worldwide scrambled to keep up with AI’s rapid development in 2023 and will keep doing so in 2024. Though building the frameworks...

While artificial intelligence will replace some jobs and complement others, the International Monetary Fund says that, in most of the scenarios it envisages, the technology will likely deepen macro-economic inequalities