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AI industry resists proposed Colorado legislation

Reading Time: 2 minutes

The Colorado legislature is currently considering a bill that aims to regulate artificial intelligence (AI) systems, particularly those deemed “high-risk.” The bill, sponsored by Sen. Robert Rodriguez, seeks to protect consumers from potential harm caused by AI failures or biases in critical infrastructure, safety components, education, and other areas impacting individuals’ quality of life.

The proposed legislation would require developers of high-risk AI systems to disclose their use of such systems, describe the data used to train the AI, implement risk management systems to prevent algorithmic discrimination, and identify artificially generated or manipulated content. While the bill does not specify what constitutes a high-risk system, it aims to address concerns surrounding AI discrimination and bias.

However, some AI entrepreneurs and business leaders have expressed reservations about the bill, citing concerns about stifling innovation and putting Colorado businesses at a disadvantage. They argue that regulations should focus on how AI is used rather than how it is made, and that a more nuanced approach is needed to address the legal and ethical implications of AI technology.

The debate over AI regulation is not unique to Colorado, as over 400 AI-related bills are being discussed in state legislatures across the country. Many lawmakers are grappling with the challenge of mitigating bias and discrimination in AI systems, particularly in areas like hiring and healthcare where algorithmic decisions can have significant impacts on individuals.

Ultimately, the Colorado bill represents a significant step towards regulating AI technology, with a focus on ensuring that discrimination is not perpetuated through AI systems. The bill is set to be discussed by the Senate Judiciary Committee, with potential enforcement by the state attorney general’s office. As the AI industry continues to evolve rapidly, the debate over how to effectively regulate and govern this technology will likely remain a key issue for policymakers and stakeholders.

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