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VisitFirst major AI company to face penalties under Colorado AI Act by end of 2024?
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Colorado state enforcement actions and official announcements
On June 27, Colorado Passes First Comprehensive AI Regulation in the US
Jul 1, 2024, 07:43 AM
On June 27, Colorado became the first state in the United States to pass comprehensive legislation regulating artificial intelligence (AI). The new law, known as the Colorado Artificial Intelligence Act, aims to ensure transparency, fairness, and accountability in AI technology. It addresses key issues such as algorithmic discrimination, ethical AI development, and data privacy. The legislation sets guidelines for transparency, bias, and security, marking a significant step towards consumer protection in the realm of AI. This pioneering move by Colorado is expected to influence other states to follow suit in regulating AI technologies. The legislation was discussed in detail by legal experts from StinsonLLP and Orrick.
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