In a landmark decision, the United States Senate has passed the Algorithmic Accountability Act, which requires tech companies to audit AI systems for racial, gender, and disability bias.
The law applies to firms with over 1 million users and mandates public disclosures of how decisions are made in hiring, housing, and credit scoring platforms. Companies that fail to comply could face multi-million-dollar fines.
As countries like India and Bangladesh expand their digital services, similar legal frameworks may be necessary to ensure fair algorithmic governance, especially in government recruitment or digital lending.
