Colorado Act: Prevent AI Discrimination & Biased Decision-Making with Dependable Guardrails

Whether you are a developer or a deployer, Truyo’s features, like model validation and AI inventory, will enable you to gain visibility into and resolve cases of AI bias and discrimination.

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HIGHLIGHTS

Highlights of the Colorado Act

The Colorado AI Act focuses on aspects such as racial discrimination, as well as the responsibilities of developers and deployers. Learn the key compliance elements of the Act.

The Colorado AI Act creates a foundation for AI regulations across the US and makes significant recommendations for streamlined AI usage management. 

Like the EU AI Act, the Colorado AI Act categorizes AI risks into four levels and levies heavy fines on high-risk AI use cases. 

If the AI system makes false correlations in data and promotes racial or other discrimination, both the deployer and the developer may be fined heavily. 

The Act charges the deployer and developer of an AI system with the same offense, holding both accountable for adverse decision-making. 

If an AI system is significantly utilized in decision-making, the organization will have to notify its consumers about the involvement of AI. 

The act promotes the frequent use of impact assessments to evaluate AI systems and prevent future AI risks. 

The Colorado Act emphasizes the importance of creating & maintaining risk management policies. 

Deployers in Colorado state are mandated to release a public statement on their organization's use of high-risk AI systems. 
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FEATURES

Features Simplifying Compliance with the Colorado Act

Considering the framework of this Act, Truyo offers a customized solution to mitigate risks and ensure compliance with the groundbreaking Colorado AI Act.

Governance Board

Our team of experts will help you form your AI governance board. The board will monitor AI footprints and ensure transparent AI usage. 

Resolve high risks with better visibility and access. Track all AI footprints and categorize risks according to regional and organizational regulations. 

Train your AI system against bias with model testing and training features. Ensure the security of PI with scrambled and de-identified datasets. 

Evaluate your systems against probable AI risks with a suite of assessments, including impact, vendor, use case, and more.  

Streamline your risk management with holistic policies that keep you compliant with worldwide regulations and the ethics and principles of your organization. Update policies according to growing needs and notify users quickly. 

View comprehensive reports on your AI footprint from scans, AI inventory, AI scorecard, and risk exposure in your report dashboard. 
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