Albanese’s AI plan is admirable – but will face tech giants more powerful than most national governments

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Challenges of regulating social media or stopping hate speech show these firms can set their own terms and prices for countries like Australia

Anthony Albanese took a trip back in time during his much anticipated speech on artificial intelligence on Wednesday.

Seeking to harness the momentous change bearing down on our lives, the prime minister told an audience at the University of Sydney that his government would keep pace with AI, even seeking to “get out in front” of the technological tidal wave.