In recent years, the use of artificial intelligence (AI) solutions in every sphere of the economy has increased dramatically. In response to its rapid growth, governments are scrambling to regulate the new technology. Most recently, New York and New Jersey proposed bills to study and regulate AI. The New York bill establishes a committee to study and make recommendations on issues relating to AI, robotics, and automation; in contrast, the New Jersey bill imposes substantive obligations on businesses to assess and disclose risks relating to their use of AI decision-making and high-risk data processing.

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