S2888: Requires companies that develop or deploy high-risk AI systems to conduct impact assessments and adopt risk management programs, would apply to both developers and deployers of AI systems with different obligations based on their role in AI ecosystem.

Legislative Summary

COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- AUTOMATED DECISION TOOLS - Requires companies that develop or deploy high-risk AI systems to conduct impact assessments and adopt risk management programs, would apply to both developers and deployers of AI systems with different obligations based on their role in AI ecosystem.