Thank you.
To build on Bianca's point, I think we need to regulate AI. We need to slow down. We can't move fast and break things with regulation. Again, AI is being regulated, but it's private regulation. It's self-regulation, and that's not working. Mr. Shee already said that in his first five minutes.
We need something different. We need it to be like the EU in the way that it needs to be for both the public and the private sector, and it cannot be centralized. I insist, because there's too much at stake to keep all of the power in one agency. I'm going to move on to also say that it can't just be the OPC. It cannot just be the Privacy Commissioner, because AI is more than privacy. AI is also about privatization.
What we see right now is the risk of regulatory capture, because every time there's a new summit being done, as in the U.K., at Bletchley Park, the major governments, including ours, get together and announce collaborations with a top firm. Now, we have the usual suspects—Amazon, Google and Microsoft—and then the new kids on the block, but it cannot be that.
Again, this isn't about perfection at all; it's that the process to get here was one and a half years of almost no public consultation, participation or understanding, even when, as Bianca said, we do have specific examples of harms over and over again. We do need to make sure that AI is regulated. We can use our imagination to do that with law.