Colorado Governor Jared Polis signed the Colorado Artificial Intelligence Act (CAIA) into law on May 17, 2024.

Colorado becomes the first state in the US to regulate AI.

The law targets high-risk AI systems impacting critical decisions in education, employment, and healthcare.

CAIA aims to prevent algorithmic discrimination and ensure transparency.

Requirements include disclosure of information, risk assessments, and governance programs.

The law will be enforced by the Colorado Attorney General with penalties of up to $20,000 per violation.

CAIA excludes a private right of action and certain AI systems.

The law is set to take effect on February 1, 2026.

CAIA aligns with international trends in AI regulation, setting a precedent for other states.

The EU and Japan are also implementing AI regulations to address concerns over consumer harm, discrimination, and transparency.

Global regulations are impacting tech companies and AI operators worldwide.