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Understanding Colorado's New AI Consumer Protection Law | Lunchtime BABLing 37

Title: Understanding Colorado's New AI Consumer Protection Law | Lunchtime BABLing with BABL AI CEO Shea Brown and Jeffery Recker Description: 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. Listeners, don't miss the chance to enhance your understanding of AI governance with a special offer from BABL AI: Enjoy 20% off all courses using the coupon code "BABLING20." Explore our courses here: https://courses.babl.ai/ 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-comprehensi... Timestamps: 00:00 - Intro 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 Remember to like, subscribe, and comment with your thoughts or questions. Your interaction helps us bring more valuable content to you! #AIRegulation #ConsumerProtection #ArtificialIntelligence #BABLing