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Showing posts with the label consequential decisions

Long Saga of Colorado AI Act Appears to Have Come to Close With Revised Law

Ever since its initial passage into law in 2024, the Colorado AI Act has been a lightning rod for controversy and calls for change. Over the ensuing two years, multiple attempts to amend the law were floated and proposed by consumer and industry groups. The implementation of the law itself was delayed several times to allow for such changes, with Governor Jared Polis calling a special session of the legislature last August to specifically address potential changes. All of those attempts appear to have culminated in Senate Bill 189 having passed both the Colorado House (57-6) and Senate (34-1) this week. The bill next heads to the desk of Governor Jared Polis where it is expected to be signed into law and to take effect as of January of 2027. Now that the law has been amended to address concerns raised by both consumer advocacy and industry leaders, what does the revised Colorado AI Act look like and how does it compare to the original law passed two years ago? The “New” Colorado AI Ac...

How to Keep Trade Secrets Secret When Regulators Expect AI Transparency

Trade secrets are a pivotal element in the competitive strategies of businesses, fostering innovation and providing a f lexible, cost-effective means to safeguard valuable business information . They are an instrumental part of both corporate  governance  and  compliance .  Anything that is safeguarded and has independent economic value can be a trade secret, including business processes, advances in technology, secret formulas, algorithms and more. The protection of trade secrets is fundamental for maintaining a competitive edge, spurring investment in research and development and driving economic growth.  This is particularly salient in the age of AI, where organizations are using generative AI prompts and outputs to improve operations and are, in some cases, creating new AI-based technologies.  Trade secrets are subject to certain  risks  and compliance obligations as a result of new AI-related laws and regulations in the  EU  and the...