In 2024, Colorado passed a sweeping AI regulation bill: Senate Bill 205, also known as the Consumer Protections for Artificial Intelligence bill. Its supporters hailed it as a groundbreaking move to rein in AI. But numerous observers, myself included, voiced concern that the law’s vague, sweeping language would create widespread uncertainty over who the new law applied to.
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A 2026 report from the Colorado Chamber Foundation indicates that the law’s passage helped instigate a Colorado tech-exodus, as companies of all sizes rethought plans to invest and build in Colorado. By one estimate, the bill risked slashing $5.5 billion from Colorado’s GDP and putting 30,000 jobs at risk by 2030.
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