Amazon Plans to Build High-Security Data Center in Australia
I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.
I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.
I am a student pursuing my bachelor’s in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank “paper has more patience than person
In a significant move to combat the proliferation of child sexual abuse material generated by AI, Australia’s internet regulator has announced that it will mandate search engines such as Google and Bing to take strict measures to prevent the dissemination of such harmful content.
This initiative comes as part of a new code drafted in collaboration with industry giants at the Australian government’s request, aimed at safeguarding the digital landscape from AI-generated child abuse material.
E-Safety Commissioner Julie Inman Grant revealed that the code, which is designed to protect the online community, imposes two crucial requirements on search engines. Firstly, it compels search engines to ensure that AI-generated child abuse material does not appear in search results. Secondly, it prohibits using generative AI to produce synthetic versions of such explicit content, commonly referred to as “deepfakes.”
“The use of generative AI has grown so quickly that I think it’s caught the whole world off guard to a certain degree,” Inman Grant acknowledged. This rapid expansion of AI technology has necessitated a reevaluation of regulatory and legal frameworks governing internet platforms.
Inman Grant pointed out that an earlier code drafted by Google (owned by Alphabet) and Bing (owned by Microsoft) did not address the emerging issue of AI-generated content. Consequently, she urged these industry giants to revise their approach. “When the biggest players in the industry announced they would integrate generative AI into their search functions, we had a draft code that was clearly no longer fit for purpose. We asked the industry to have another go,” Inman Grant emphasized.
A spokesperson for the Digital Industry Group Inc., an Australian advocacy organization representing Google and Microsoft, expressed satisfaction with the approval of the revised code. “We worked hard to reflect recent developments in relation to generative AI, codifying best practices for the industry and providing further community safeguards,” the spokesperson stated.
This development follows the regulator’s earlier initiatives to establish safety codes for various internet services, including social media platforms, smartphone applications, and equipment providers, which will take effect in late 2023. However, the regulator continues to face challenges in developing safety codes for internet storage and private messaging services, with privacy advocates worldwide voicing concerns.
Also Read: Apple Falls on Report That China Agencies Are Barring iPhone Use
As Australia takes a proactive stance in addressing the grave issue of AI-generated child abuse material, it serves as a noteworthy example of the evolving regulatory landscape surrounding internet platforms. The code aims to strike a balance between harnessing the potential of AI technology and safeguarding the well-being of online users, particularly the vulnerable, as the digital realm continues to evolve.
I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.
Amazon’s Australian expansion takes a bold step forward as it prepares to operate within the country’s largest warehouse, leveraging advanced robotics for unprecedented efficiency.
This move underscores Amazon’s commitment to innovation, efficiency, and blending cutting-edge technology with human expertise in its Australian operations. The upcoming fulfilment centre, sprawling over an impressive 209,000 square meters – equivalent to around 29 football fields, is slated for completion by 2025. Situated at Melbourne’s Craigieburn Logistics Estate, this monumental project is set to redefine the e-commerce landscape in Australia.
The true innovation lies in the seamless collaboration between human workers and a fleet of high-tech robots. These robots are designed to work alongside employees, optimising the order fulfilment process. By transporting inventory pods directly to human workers, these robots significantly reduce the time and physical strain associated with tasks like stocking items and picking orders. This harmonious man-machine partnership showcases how technology can augment human labour to achieve unmatched efficiency.
Beyond its technological marvel, this fulfilment centre is a cornerstone for job creation in Australia. In conjunction with the robot workforce, Amazon plans to generate approximately 2,000 job opportunities. Furthermore, an additional 2,000 jobs will emerge during the construction and fit-out phase of the facility. Amazon’s commitment to fostering employment growth while embracing automation reflects its dedication to progressive business practices.
This ambitious project marks a substantial expansion of 9,000 square meters when compared to Amazon’s existing Western Sydney robotics site, introduced with great success in 2022. The warehouse’s development is backed by Australian Super, the nation’s largest pension fund, with Logos at the helm of management and development. This underscores the growing trend of unlisted assets, particularly warehouses, gaining prominence within Australia’s A$3.5 trillion pension industry. The surge in online shopping has transformed the investment landscape, driving a shift towards digital economy-focused opportunities.
Also Read: Uber Is Developing an AI-Powered Chatbot to Integrate Into App
As Amazon’s Australian venture prepares to embrace this new paradigm, the integration of advanced technology and human prowess takes centre stage. The union of robotic precision and human skill amplifies operational efficiency, showcasing the trans-formative power of collaboration. With the fulfilment centre’s completion on the horizon, the business world anticipates Amazon’s pioneering role in shaping the future of warehousing in Australia.
In conclusion, Amazon’s adoption of robotics in Australia’s largest warehouse signifies a monumental leap towards enhanced efficiency and innovation in the e-commerce sector. This unprecedented synergy between cutting-edge technology and human expertise reaffirms Amazon’s commitment to redefining the retail landscape. As the countdown to the fulfilment centre’s completion begins, the business realm eagerly anticipates the dawn of a new era in Australian warehousing.
I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.
Australia said that it would govern buy-now-pay-later assistance as customer credit under the new legislation, requiring providers of BNPL to conduct history checks before providing what it said is expected to be one of the strictest regulations worldwide for the emerging sector.
With this change, Block by Jack Dorsey Inc (SQ.N)-owned Afterpay as well as Zip Co would fall under the jurisdiction of the Australian Securities and Investments Commission (ASIC), putting Australia second only to the United Kingdom among nations that have attempted to monitor buy-now-pay-later as a normal credit product.
Cash-strapped consumers who take on debt, often more than they can handle, frequently employ BNPL firms, which usually provide on-the-spot free-of-interest loans for short periods with minimum verification of credit which disperse payments throughout weeks or months.
Also Read: OpenAI to introduce ChatGPT app for iOS
Since BNPL service providers refrain from charging interest, they are now immune from customer credit regulations. As a result, their company has soared during the e-commerce craze sparked by COVID-19 stimulus funds and extremely low-interest rates.
However, as Australia faces rising prices, which are currently at close to 30-year peaks, worries about repaying have grown. According to Australia’s center-left Labour administration, BNPL needs to be deemed credit as it exerts the same effect on debtors.
“BNPL looks like credit, it acts like credit, it carries the risks of credit,” Financial Services Minister Stephen Jones said in a speech in Sydney on Monday.
“Our plan prevents lending to those who cannot afford it, without stopping safe, prudent BNPL use.”
Source: reuters.com
Australia, which has approximately a dozen registered BNPL service providers, had roughly seven million operational BNPL user accounts throughout 2021–22, generating A$16 billion which is $11 billion in dealings, an increase of 37 percent.
Shopping industry data reveals that Australians made A$63.8 billion in transactions via the Internet in 2022, with 26 percent of Australians claiming to have paid using buy-now-pay-later.
The majority of the money made by BNPL companies comes from costing merchants a share of their earnings in return for sending customers to them. They impose late fees on borrowers but claim that by promising increased credit limits, they promote timely returns.
Although BNPL companies claim to carefully track the debtor’s behavior, a recently enacted Australian law would oblige these individuals to adhere to “responsible lending” constraints, which involve carrying out credit checks before lending, informing clients when their credit limits are increased, and adhering to legally mandated settlement procedures.
Also Read: Meta announces AI training and inference chip project
Later in the year, government officials will make the draught law available for comment, and by the finish of the year, the measure will have been submitted to parliament.
“The buy now, pay later business model is still a structural growth model,” said Shaun Ler, a Morningstar analyst.
“You end up in a situation where everyone is suffering but your competitors are suffering even more and the demand is still there,” Ler added.
Source: reuters.com
I am a student pursuing my bachelor’s in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank “paper has more patience than person
For the past few months, tension has risen between the Australian government and tech giants like Google like Facebook. According to the Australian government, such massive tech companies should pay the local media and publishing companies for content. In this way, the local Australian media channels and quality content providers will be benefited and would help in their overall economic and social growth. In the beginning, Google opposed the decision when the first news broke out, but with compromise from both parties, Australia finally passed the landmark law on 25th February 2021.
This new law passed by the Australian legislation will make the tech giants across the globe pay millions of dollars for local news content. Facebook and Google strongly opposed the law but after watering down the binding rules, they have finally agreed to pay the local news channels (Gadgets 360). In the beginning, Google said that the search engine will shut down in Australia if the law is enforced. But, after months of several discussions and debates, Google and Facebook will pay tens of millions with the enforcement of this law.
The new law passed by the Australian government will help largely to uplift and give recognition to local news publishers. This can be a perfect model for other nations as well where tensions have risen before between such big firms and local companies. Uplifting small businesses help in improving the economic condition of a nation overall.
Google has launched its new product called Google News Showcase last year. The content Google will pay for now to the local Australian content publishers will be posted on this new platform. In the case of Facebook, the company will pay for the content coming up on the News product which is yet to be rolled out in Australia.
The main reason that the urgency to enforce this law came up is that the regulators think the big tech giants dominate online advertising. With every passing day, they are suppressing the importance of the traditional way of airing news and those organizations as well. At the same time, they are using the content from these organizations for free which is not justified. This is true as everyone is using the internet and smartphone for every purpose and the conventional way of news sourcing is getting lost somewhere. At first, the big tech firms opposed fearing it would hurt their business but it is also a government’s responsibility to uplift the condition of its nation.
When the Australian government planned to enforce the law the media companies opposed it because the former was going to make it compulsory. And, the government also mentioned that if the companies fail to strike a deal with the local media companies, it will fix a negotiator who will decide the terms of the monetary settlement on behalf of the company. This prospect was dramatically reduced by last-minute government amendments (Gadgets 360).
If both Google and Facebook have backed their business out from Australia, they would have lost millions of active users which would have affected their businesses. So, both Google and Facebook are trying to negotiate deals with Australian media companies. Josh Frydenberg, the Treasurer, said that it pleases the government to see that both the companies are trying to land commercial arrangements with Australian companies. Facebook was not very inclined towards this arrangement before as the company is not that much interested in news content.
The new law that is passed today is called the News Media and Digital Platforms Mandatory Bargaining Code. And, according to the Australian government, this new law will help remunerate the local media companies for the quality content they are providing. This new working culture will improve and sustain public interest journalism in Australia. The two tech giants still have a couple of months left to reach any further agreements.
Google has arranged deals with two Australian media companies namely Rupert Murdoch’s News Corp and Nine Entertainment. Facebook’s first deal is with Seven West Media which is another new organization in Australia. Both the companies are planning to invest around $1billion in the news sector for the next three years.
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more