New AI Laws in New York Audiobook By Richard Murch cover art

New AI Laws in New York

States Act Individually

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New AI Laws in New York

By: Richard Murch
Narrated by: Virtual Voice
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In November 2024, New York became the first U.S. state to enact legislation specifically targeting AI-driven personalized pricing practices by retailers. This groundbreaking law requires businesses using algorithmic pricing based on personal data to disclose this practice to consumers. While the law has generated both criticism and praise, it represents a significant milestone in the evolving landscape of AI regulation and consumer protection.

Understanding Personalized Pricing
Personalized pricing, also known as surveillance pricing or algorithmic pricing, is a practice where retailers use artificial intelligence and customer data to set individualized prices for products or services. The technology analyzes various data points about consumers to determine what they might be willing to pay. Law Technology
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