This week on Colorado Chamber Office Hours, we take a closer look at legislation aimed at addressing the use of artificial intelligence and reducing potential adverse outcomes for consumers.
The bill would establish disclosure requirements for AI systems that use personal data to make consequential decisions like loan eligibility, insurance pricing or purchasing a home. It would also give consumers the ability to request a human review or reconsideration if an AI decision causes an adverse outcome.
Senate Majority Leader Robert Rodriguez, a sponsor of the bill, outlines the background behind the proposal and how stakeholders worked to compromise. Liz Peets, vice president of government and community affairs for Comcast, shares a business perspective on how the legislation could impact Colorado companies.
Tune in to hear how Colorado is approaching the regulation of a rapidly evolving technology.
