AI Regs on the Rise: CO Leads, EU Finalizes Law, & US APRA Shifts
Update: 2024-05-24
Description
This week's newsletter covers developments in AI regulation, enforcement actions by the ICO, and updates on the APRA draft.
Key takeaways:
- Colorado passed a new law (CAIA) regulating high-risk AI systems. Similar to the EU AI Act, it focuses on transparency, accountability, and preventing bias in areas like healthcare and finance.
- The ICO dropped its case against Snap's AI chatbot but is investigating Microsoft's new Recall feature. Recall captures screenshots of user activity, raising privacy concerns.
- A revised draft of the APRA clarifies data minimization rules, shortens response times to data requests, and adds new data broker regulations. Pre-emption, a controversial aspect, remains largely unchanged.
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