Reactions to Polis' veto of rent-setting algorithm ban vary from ‘courageous’ to ‘incredibly disappointing’

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Reactions to Polis' veto of rent-setting algorithm ban vary from ‘courageous’ to ‘incredibly disappointing’
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Ryan is a nightside reporter for Denver7.

DENVER — Governor Jared Polis is shutting the door on House Bill 25-1004, which would have banned landlords from using certain artificial intelligence algorithms to set rent prices.In his veto letter, the governor wrote in part, “I have grave concerns about prohibiting companies using algorithmic pricing software derived from multiple data sources from doing business in Colorado.

“There's an old technology at work,” he told Denver7 Friday. “I think because of the political football that artificial intelligence has become in the contemporary moment, it's becoming a story, and we're kind of focusing on it. But to me, so many of these systems are already at work.”That being said, Jay said the software can become a problem if it becomes too ubiquitous with not enough oversight.

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