Colorado State to Move Forward With Attempt to Regulate AI's Hidden Workings

The article discusses Colorado’s efforts to regulate artificial intelligence (AI) systems and their hidden workings. The state is considering a bill that would require companies to disclose when AI is being used to make decisions that impact people’s lives, such as in hiring, housing, or lending. The bill aims to create transparency around AI systems and their potential biases. It would also give people the right to opt out of decisions made by AI and have their cases reviewed by humans. Proponents argue that AI systems can perpetuate societal biases and discriminate against certain groups, making regulation necessary. However, critics argue that the bill could stifle innovation and make it harder for companies to use AI. The bill is part of a broader effort by states to regulate AI as the federal government has not yet enacted comprehensive AI laws. Colorado’s move could set a precedent for other states to follow.

Source: https://abcnews.go.com/Business/wireStory/colorado-state-move-forward-attempt-regulate-ais-hidden-110491068