I welcome the Bill and the opportunity to speak on it. It is critically important. AI is something we use every single day, whether we know it or not. Many of the applications we use have a major component of AI. In many areas it has a really useful purpose. Students and workers use it, and people in here use it on a daily basis. As I said, AI has a really useful purpose. I have watched a number of programmes on the use of AI in medical and pharmaceutical applications. This technology is driving real innovation and speeding up the time it takes to complete trials looking at different ways pharmaceuticals and medicine can help people. In that regard, it is really important and useful. The genie is out of the bottle. AI is with us and it is not going anywhere. What we do with it is the most important issue. What this House does in terms of regulation and ensuring the companies driving all of this do so in the proper way and are monitored, with proper due diligence done on how AI impacts society, is very important. We know AI has positive impacts but it also has extremely negative impacts. We are talking about social media and how it impacts on young people, with different countries moving towards banning social media for young people. Sometimes we look at all of this in very simplistic ways. AI is deeply complex and something we are going to be learning about as it changes exponentially. It is moving at such a fast pace that what we talk about and think about today in relation to AI could be obsolete in a couple of months' time. That is how fast this is moving. We need to make sure we have properly resourced structures in place. We are dealing with multibillion dollar companies which have vast resources and profits on a scale we have never seen. They have the capacity to tie up organisations such as the one we are discussing in legal issues. If we do not have the structures we are talking about in place and properly resourced and supported, our approach will not be effective. We will then be relying on the companies themselves to police themselves. That is the one thing we cannot do because we know they are driven exclusively by profit. In relation to workers' rights, we are already seeing workers directly affected by AI. We need to make sure workers and young people are protected. We have talked about AI and social media use and the damage caused by algorithms and the lack of attention social media companies are giving to dealing with the harmful issues in relation to them. We need to make sure this body is regulated, well resourced and capable of taking on the big companies because we cannot trust them. That is the most important thing. We cannot trust these companies. They are driven by profit only.

Sentiment score: 0.16