AI Regulation on the Move: EU Leads with AI Act as U.S. States Forge Their Own Paths

1. The European Parliament passed the AI Act, a significant step in creating a legal framework for artificial intelligence.
2. While some provisions will take effect soon, many will require several years to be fully enforced.
3. In the U.S., Congress has not made progress on various AI bills despite multiple introductions.
4. U.S. businesses must still consider legal obligations when developing, deploying, or using AI systems.
5. Utah passed the AI Policy Act to establish liability for AI use violating consumer protection laws.
6. The Act allows companies to enter risk mitigation agreements with the Office of Artificial Intelligence Policy.
7. Synthetic data is defined as de-identified data under the AI Policy Act.
8. States like Virginia have taken actions on ethical AI use in state agencies through executive orders and policy standards.
9. Virginia agencies must ensure positive outcomes for citizens when using AI and conduct regulatory impact analyses.
10. Companies not subject to AI laws should review SaaS agreements for data use in AI models and conduct legal due diligence on vendors introducing AI into products and services.