Privacy Law + AI: What Small Businesses Need to Know

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For the first time in over 20 years, Australia is overhauling its privacy legislation in a big way, and the small business exemption is gone. If you're running a business with under $3 million turnover and thought you could skip having a privacy policy, those days are behind us. Today, we're talking about why this isn't just bureaucratic mumbo jumbo - it's about trust, credibility and not getting caught scrambling when it's too late.

AI is a fascinating and valuable tool, but it comes with serious responsibilities around client data that most business owners aren't thinking about. I'm taking you through what you need to know about the AI platforms you're using, why those days of just clicking 'I agree' are over and how to safely integrate AI without taking chances with sensitive information. Plus, the transparency rules you need to follow when AI interacts with your customers.

From getting your privacy policy sorted to understanding exactly what your AI tools do with your data, we're covering the practical steps to keep your business running smoothly and legally. Including a real-life example about CapCut's terms that could cost you ownership of your content - and why reading the fine print has never been more important.

Episode Website: https://tmsolicitor.com.au/rise-up-in-business-podcast/privacy-law-ai-what-small-businesses-need-to-know

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