Monica DiVito, PhD’s Post

Amazing overview of the recently passed AI law in Colorado written by Jeremy Werner. This groundbreaking #Colorado legislation is designed to protect consumers from the risks associated with high-risk #AI systems, ensuring fairness and transparency. Here’s a high-level overview: 🔍 What the Law Does: Protects Against Algorithmic Discrimination: Ensures AI systems do not unfairly treat individuals based on race, gender, age, and other protected characteristics. Regulates High-Risk AI Systems: Applies to AI systems making significant decisions in areas like education, employment, finance, healthcare, and housing. 🛡️ Key Requirements for Developers and Deployers: Developers must prevent discrimination, document their AI systems, and disclose risks. Deployers must manage discrimination risks, conduct annual assessments, and inform consumers about AI decisions impacting them. ⚖️ Consumer Protections: Transparency: Consumers will be notified when AI is used to make important decisions about them. Rights: Consumers can understand, appeal, and correct data related to adverse AI decisions. The importance of this #law to consumers cannot be overstated. It aims to build trust in AI technologies by ensuring they operate fairly and transparently, protecting individuals from potential biases and unfair treatment. Stay informed and protected as AI continues to evolve. If you have any questions or need guidance on how this law might affect you, feel free to reach out to experts at BABL AI.

Worth a quick read: "It takes effect in 2026 and requires companies and some government agencies to inform people when an AI system is used." https://lnkd.in/gNfci52H

"Rather than displacing humans, AI technologies have the potential to alleviate individuals from tasks that are difficult, demeaning, demanding, dangerous, or dull. By embracing this perspective, we can harness the transformative power of AI to enhance productivity, efficiency, and safety." Matthew Kilmister, head of technology at Minster Law, explores the impact of AI in claims: https://hubs.li/Q02K1WJN0 #ArtificialIntelligence #AI #AIInClaims

I enjoyed talking to Louisville Business First about how companies can responsibly use #AI and the work we're doing at Dentons around AI Governance. https://lnkd.in/etZmURRV

🚨 The first US AI domino has fallen with 𝗖𝗼𝗹𝗼𝗿𝗮𝗱𝗼'𝘀 𝗔𝗿𝘁𝗶𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗔𝗰𝘁 (modeled after the EU AI Act). Colorado's legislation, passed this week, sets the stage for future AI regulations nationwide. Like the EU, Colorado targets algorithmic bias and demands transparency, accountability, and fairness. US Companies should still prepare for EU AI Act compliance—it's the smartest approach as the states settle in 🌐 #AI #Compliance #G2 #Innovation 𝗧𝗵𝗲 𝘀𝗼𝘂𝗿𝗰𝗲: https://lnkd.in/geUSXz52 𝗧𝗵𝗲 𝘀𝘂𝗺𝗺𝗮𝗿𝘆: https://lnkd.in/geKnSaRN

Blog Post Colorado’s Comprehensive AI Regulation: A Closer Look at the New AI Consumer Protection Law In a landmark move, Colorado has enacted the “Concerning Consumer Protections in Interactions with Artificial Intelligence Systems” bill, now officially signed into law by the Governor. This pioneering legislation, also known as the Colorado AI Act (CAIA), is the first of its kind in the United States to adopt a comprehensive and risk-based approach to artificial intelligence (AI) regulation. With the law set to take effect on February 1, 2026, it aims to protect consumers from algorithmic discrimination while ensuring transparency and accountability in the deployment and development of high-risk AI systems. #ai #colorado #news https://lnkd.in/daMsqZKc

“Whether (people) get insurance, or what their rate for insurance is, or legal decisions or employment decisions, whether you get fired or hired, could be up to an AI algorithm,” warns Democratic State Rep. Brianna Titone" #ai #artificialintelligence #bias #ethicalai #cx #data #datasets #aiethics #responsibleai #ml #ailaws #airegulations #aigovernance #genai #fairness #stateregulations #algorithms #llm #humancenteredai #humancentereddesign #explainableai #generativeai #insurance #employment #laborlaws

The Age of AI: Possibilities and Pitfalls for Professional Indemnity Insurers https://lnkd.in/de685Fgs Kirsten Kirkwood, Senior Professional Indemnity and Clinical Trial Underwriter, SHA Risk Specialists Artificial Intelligence (AI) is arguably one of the most prolific buzzwords of the past decade, particularly since the advent of ChatGPT in late 2022 when AI became a hotly debated topic of discussion beyond the boardroom, casual dinners and braais. True, AI presents potentially both humanity’s greatest achievement and unknowable prodigious risk. A little-known fact is that the original “AI boom” occurred as far back as the 1980s, so the concept is not new. However, the rapid adoption of AI currently being experienced is largely...

A big step forward in the world of AI - transparency about the accuracy of using AI-enabled software product. #AI #Transparency #SoftwareAccuracy

Exciting advancements in AI research are paving the way for large multimodal models (LMMs), combining text, images, and more for enhanced capabilities. From assisting the visually impaired to revolutionizing industries like healthcare and e-commerce, the potential of multimodal AI is vast. With the ability to process diverse data types, LMMs offer a more human-like approach to problem-solving and decision-making. As this technology continues to evolve, the possibilities for innovation and transformation are endless. #MultimodalAI #LMMs #AI #Innovation #Technology #ArtificialIntelligence https://lnkd.in/gxUbq2tE