The New York State Legislature convened on September 20, 2024, to address critical issues surrounding consumer protection and safety in the context of artificial intelligence (AI). The meeting focused on the implications of AI technologies, particularly regarding liability, bias, and the need for regulatory updates.

The session began with discussions on the need for clear liability frameworks for AI developers. One participant emphasized that creators of general-purpose AI models should bear some responsibility for how their technologies are used, arguing that they must ensure their products are not deployed in harmful or unintended ways. This sentiment was echoed by others who noted that clear liability can foster a healthier business environment by establishing clear incentives.

The conversation then shifted to the prosecution of economic abuses related to AI. A representative from the Attorney General's office acknowledged the challenges in tracking success rates for such prosecutions, citing that while AI is often marketed as a new technology, many of its applications, such as algorithmic decision-making, have existed for years. They highlighted successful prosecutions of bias and discrimination in the financial services sector, indicating that existing laws could be applied to address AI-related issues.

A significant concern raised during the meeting was the recent crisis in South Korea involving deep fakes and harassment in schools. Legislators questioned whether New York was prepared to handle similar crises. The Attorney General's office expressed a need for additional resources to effectively tackle such challenges, particularly in the realm of online crimes. They noted that while they have the authority to prosecute deceptive practices, expanding their powers to include unfairness would enhance their ability to respond to emerging threats.

The discussion also touched on the necessity for regulatory updates to existing laws to better protect consumers from bias and discrimination in AI applications. The Attorney General's office indicated that transparency is crucial, as there is a significant knowledge gap between the industry and regulatory bodies. They called for companies to take proactive measures in monitoring AI outcomes to prevent bias, similar to historical practices in financial decision-making.

As the meeting progressed, the panel welcomed representatives from IBM, Mothers Against Media Addiction, and the Chamber of Progress to provide further insights on the intersection of AI and consumer protection. The session underscored the urgency of adapting regulatory frameworks to keep pace with rapidly evolving technologies, ensuring that consumer safety remains a priority in the age of AI.

Overall, the meeting highlighted the complexities of regulating AI, the importance of clear liability, and the need for ongoing dialogue among stakeholders to safeguard consumer interests in a technology-driven landscape.