Understanding Colorado's New AI Consumer Protection Law

In this insightful episode of Lunchtime BABLing, BABL AI CEO Shea Brown and COO Jeffery Recker dive deep into Colorado's pioneering AI Consumer Protection Law. This legislation marks a significant move at the state level to regulate artificial intelligence, aiming to protect consumers from algorithmic discrimination.

Shea and Jeffery discuss the implications for developers and deployers of AI systems, emphasizing the need for robust risk assessments, documentation, and compliance strategies. They explore how this law parallels the EU AI Act, focusing particularly on discrimination and the responsibilities laid out for both AI developers and deployers.

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For a deeper dive into Colorado's AI law, check out our detailed blog post: "Colorado's Comprehensive AI Regulation: A Closer Look at the New AI Consumer Protection Law". Don't forget to subscribe to our newsletter at the bottom of the page for the latest updates and insights.

Link to the blog here: https://babl.ai/colorados-comprehensive-ai-regulation-a-closer-look-at-the-new-ai-consumer-protection-law/

Timestamps:
00:21 - Welcome and Introductions
00:43 - Overview of Colorado's AI Consumer Protection Law
01:52 - State vs. Federal Initiatives in AI Regulation
04:00 - Detailed Discussion on the Law's Provisions
07:02 - Risk Management and Compliance Techniques
09:51 - Importance of Proper Documentation
12:21 - Developer and Deployer Obligations
17:12 - Strategies for Public Disclosure and Risk Notification
20:48 - Annual Impact Assessments
22:44 - Transparency in AI Decision-Making
24:05 - Consumer Rights in AI Decisions
26:03 - Public Disclosure Requirements
28:36 - Final Thoughts and Takeaways

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