New York lawmakers recently passed several bills that would impose new AI reporting and disclosure requirements on businesses, including proposed amendments to the RAISE Act that would continue to build out a comprehensive AI governance framework. If signed by Governor Hochul, these measures would impose new obligations on employers and other businesses that use AI tools in hiring, staffing operations, and customer-facing applications. Here is what employers should know about the three big changes they could soon face.
1. Employers Could Soon Have To Report How AI is Affecting Jobs
The most significant proposal would require certain businesses to report annually to the New York State Department of Labor on how AI is affecting hiring and business practices. The bill would require businesses with more than 50 employees, as well as publicly traded companies, to estimate and report how AI is affecting their workforce. Reports would need to include:
Covered businesses would also need to describe the objectives of their AI use, human oversight measures, frequency and duration of use, use involving sensitive personal data, and risk-reduction measures.
Failure to comply could result in penalties of up to $500 per day, although employers would have a 90-day opportunity to cure violations.
The proposal builds...
Anambra Court jails native doctor, Onyeze Jesus, for false claims of supernatural powers By Vincent Ujumadu An Anambra State High Court sitting in Awka has sentenced a self-acclaimed prophet and na...