News & Analysis as of

Disclosure Requirements Artificial Intelligence Algorithms

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Summer 2024

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

Seyfarth Shaw LLP

Legal Update: New Illinois AI Law Requires Employee Notice, Affirms Existing Employer Nondiscrimination Duties

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Seyfarth Synopsis: On August 9, 2024, Illinois joined Colorado on the list of states that have enacted legislation specifically imposing obligations and restrictions on employers’ use of artificial intelligence to make...more

Husch Blackwell LLP

California Privacy and AI Legislation Update: August 19, 2024

Husch Blackwell LLP on

Keypoint: Last week, several privacy and AI bills passed out of committee (with some receiving amendments) while two bills died in committee. We are currently tracking thirteen privacy and AI-related bills that previously...more

A&O Shearman

Colorado’s AI anti-discrimination law

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On May 17, 2024, the Governor of Colorado, Jared Polis, signed Senate Bill 24-205, “Concerning Consumer Productions in Interactions with Artificial Intelligence Systems” (“AI Law”). The AI Law takes effect on and from...more

McGlinchey Stafford

Colorado Enacts Law Regulating High-Risk Artificial Intelligence Systems

McGlinchey Stafford on

On May 17, 2024, Colorado enacted SB 205, broadly regulating the use of high-risk artificial intelligence systems to protect consumers from unfavorable and unlawful differential treatment. The bill, which requires compliance...more

Foley & Lardner LLP

Tailoring Compliance Before AI Walks The Runway

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Generative AI tools such as DALL-E 2, Midjourney and Stable Diffusion are increasingly being used to produce static 2D images, and technology from companies like Runway AI Inc., which recently hosted its second annual AI Film...more

Husch Blackwell LLP

What Employers Need to Know About Colorado’s New AI Law

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Colorado recently became the first state to regulate the use of high-risk artificial intelligence (AI) systems to prevent algorithmic discrimination by developers and deployers of AI systems. The Colorado AI Act is broad in...more

Ballard Spahr LLP

Treasury Issues Request for Information on Use of AI in Financial Services

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The U.S. Department of the Treasury (“Treasury”) has released a Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence (“AI”) in the Financial Services Sector (“RFI”).  Written comments are...more

Foley & Lardner LLP

Colorado Passes New AI Law to Protect Consumer Interactions

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On Friday, May 17, 2024 Colorado Governor Jared Polis signed SB205 (Consumer Protections for Interactions with Artificial Intelligence) into law with an effective date of February 1, 2026. Unlike the artificial...more

Akin Gump Strauss Hauer & Feld LLP

Colorado Passes New Watershed AI Consumer Protection Bill

Key Points - Colorado’s new AI law creates new obligations for developers and deployers of high-risk artificial intelligence (AI) systems. Similar to the EU AI Act, the law is risk-based and defines a “high-risk” AI system as...more

Pillsbury - Internet & Social Media Law Blog

Consumer Protection Dispatch: The Latest Developments in the World of Consumer Protection

(The Consumer Protection Dispatch summarizes industry news and updates on emerging issues involving a variety of consumer protection issues including, but not limited to, data and AI.)...more

Davis Wright Tremaine LLP

Mile-High Risk: Colorado Enacts Risk-Based AI Regulation to Address Algorithmic Discrimination

On May 17, Colorado Governor Jared Polis signed into law the Colorado Artificial Intelligence Act (SB 205)("CAIA"), a measure passed out of the legislature on May 8 and now scheduled to become effective February 1, 2026. The...more

WilmerHale

Colorado State Legislature Passes AI Bill With the Potential to Broadly Regulate AI

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On Wednesday, May 8, the Colorado state legislature passed SB 205, a bill that is focused on preventing the discriminatory effects of high-risk artificial intelligence (AI)....more

White & Case LLP

AI Watch: Global regulatory tracker - China

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The Interim AI Measures is China's first specific, administrative regulation on the management of generative AI services. Laws/Regulations directly regulating AI (the “AI Regulations”) The Cyberspace Administration of China,...more

Ballard Spahr LLP

Colorado Passes AI Regulation

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Colorado has become the first state to pass legislation (SB24-205) regulating the use of artificial intelligence (AI) within the United States. This legislation is designed to address the influence and implications,...more

Fisher Phillips

Colorado Lawmakers Pass Landmark AI Discrimination Bill – and Employers Across the Country Should Take Notice

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Colorado is close to becoming the first state to enact a law prohibiting employers from using artificial intelligence to discriminate against their workers – and requiring companies to take extensive measures to avoid such...more

Hinshaw & Culbertson - Privacy, Cyber & AI...

Navigating the Latest State AI Laws: What Your Business Needs to Know

Hinshaw's Privacy, Security, & Artificial Intelligence (AI) practice group has been continuously monitoring the changes to state AI regulations, which we outline below for your company to be aware of and comply with if you...more

Holland & Knight LLP

Beyond the Hype: The SEC's Intensified Focus on AI Washing Practices

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The U.S. Securities and Exchange Commission (SEC) is cracking down on how firms promote their artificial intelligence (AI) technologies to protect investors from falling victim to "AI-washing." On March 18, 2024, the SEC...more

Patterson Belknap Webb & Tyler LLP

Increase in Securities Litigation and Regulatory Scrutiny Concerning Artificial Intelligence

Several recent lawsuits, and comments by the U.S. Securities and Exchange Commission (“SEC”) and Federal Trade Commission (“FTC”), underscore the increasing litigation and regulatory scrutiny concerning the use of artificial...more

Bond Schoeneck & King PLLC

Federal Guidance Hints at Robust Disclosure Requirements for use of Artificial Intelligence

Once a technology reserved for science fiction and fantasy, artificial intelligence (AI) now permeates almost every industry. In its most basic form, AI harnesses computer processing power, proprietary algorithms and large...more

Mitchell, Williams, Selig, Gates & Woodyard,...

National Association of Insurance Commissioners (NAIC) 2022 Summer Meeting Summary

The Mitchell Williams Insurance Regulatory team of lawyers recently attended the National Association of Insurance Commissioners (NAIC) 2022 Summer National Meeting which was held in Portland, Oregon on August 9-13th. We have...more

Jones Day

JONES DAY PRESENTS®: AI: Security and Privacy Risks with Big Data

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Emerging technology and evolving legal principles collide as artificial intelligence raises more questions than it answers. Privacy, consent/disclosure, repurposing, facial recognition and automated phishing attacks are some...more

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