Source: Baker McKenzie

Baker McKenzie reports that the government of Colombia has taken a significant step towards AI governance by introducing a new bill to regulate artificial intelligence within the country. This legislative proposal aims to create a comprehensive legal framework that promotes the development of AI while establishing clear safeguards to protect fundamental rights, ensure transparency, and assign liability. The bill represents one of the most ambitious efforts in Latin America to create a holistic regulatory regime for AI.

Key elements of the proposed legislation include the establishment of a risk-based classification system for AI applications, similar to the approach taken by the European Union's AI Act. It would impose stricter obligations on high-risk AI systems, such as those used in critical infrastructure or law enforcement. The bill also calls for the creation of a National AI Council to oversee the implementation of the law and advise the government on AI policy, positioning Colombia as a forward-thinking nation in the global dialogue on AI regulation.