Regulates the development and use of certain artificial intelligence systems to prevent algorithmic discrimination; requires independent audits of high risk AI systems; provides for enforcement by the attorney general as well as a private right of action.

Summary

This bill regulates artificial intelligence systems in New York to prevent algorithmic discrimination and requires companies to conduct independent audits of high-risk AI systems. It allows enforcement through the state Attorney General and enables individuals to sue companies directly for violations. The legislation aims to ensure AI systems do not discriminate against people in areas like hiring, housing, lending, and other consequential decisions.