High-Risk Artificial Intelligence System

Under the colorado-ai-act-sb24-205, a high-risk artificial intelligence system is an AI system that, when deployed, makes or is a substantial factor in making consequential decisions. The act establishes specific regulatory requirements for both developers and deployers of such systems to prevent algorithmic-discrimination.

Regulatory Framework

High-risk AI systems are subject to enhanced oversight including:

• Mandatory impact assessments
• Risk management policies and programs
• Consumer notification requirements
• Appeal and correction processes
• Regular monitoring and reporting obligations

Developer vs. Deployer Responsibilities

The Colorado law creates distinct obligations for:

• Developers: Those who create or substantially modify high-risk AI systems
• Deployers: Those who use high-risk AI systems to make decisions affecting consumers

This dual-responsibility framework ensures accountability throughout the AI system lifecycle from development through deployment and operation.