Impact Assessment
AI Impact Assessment / Algorithmic Impact Assessment
A systematic evaluation of how an AI system may affect individuals and groups, particularly regarding potential discrimination, privacy, and civil rights implications. Assessments typically document the system's purpose, data inputs, decision logic, and safeguards.
Why This Matters for Employers
Colorado AI Act requires annual impact assessments for high-risk AI systems. These must be completed within 90 days of any substantial modification and retained for at least 5 years.
Related Laws & Regulations
Examples in Practice
How EmployArmor Helps
Understanding Impact Assessment is just the first step. EmployArmor helps you implement compliance for all AI hiring regulations.
Compliance Assessment
Find out which laws apply to your AI hiring tools and what you need to do to comply.
Documentation Templates
Get ready-to-use templates for impact assessments, notifications, and audit preparation.