AI errors and human errors cannot be avoided entirely. AI security protocols with “humans in the loop” need more careful safeguards that respect customer rights and protect against stereotyping.

Using tech to make us more efficient has great benefits, but making tech to sell to the world is the real key to becoming more productive

The new condition will come into effect on July 1 and require a licence holder to have a business continuity plan in place suitable for the size and scope of the business.

It would be helpful if the PR campaign against China was supplemented with a decent investment at a natonal level in cybersecurity, an area we have woefully underspent in as a nation.

Many countries – including New Zealand – will be keenly watching how the application of the AI Act unfolds and how its principles might be used or adapted elsewhere.

We have not seen disruptive innovations observed overseas from fintechs such as Revolut, Monzo, and Rocket Mortgage, as fintechs here face a range of impediments entering and expanding.