Bill HF2452

1.1          A bill for an act
1.2          relating to consumer protection; prohibiting a person from using artificial
1.3          intelligence to dynamically set product prices; proposing coding for new law in
1.4          Minnesota Statutes, chapter 325F.
1.5          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6          Section 1. [325F.997] ARTIFICIAL INTELLIGENCE AND DYNAMIC PRICING;
1.7          PROHIBITION.
1.8          (a) For the purposes of this section, "artificial intelligence" means a machine-based
1.9          system that, for an explicit or implicit objective, infers from the inputs the system receives
1.10       how to generate outputs, including content, decisions, predictions, or recommendations,
1.11       that are capable of influencing physical or virtual environments.
1.12       (b) A person is prohibited from using artificial intelligence to adjust, fix, or control
1.13       product prices in real time based on market demands, competitor prices, inventory levels,
1.14       customer behavior, or other factors a person may use to determine or set prices for a product.
1.15       (c) The attorney general may enforce this section under section 8.31.