AI influences recruitment tools, medical diagnoses, financial approvals, and government services. Adoption is moving at a faster pace. Regulatory frameworks have found it challenging to keep up.The new AI safety act brought about by the state retains one of the most explicit and enforceable rules regarding the use of advanced AI on the active market today. This act targets risk prevention and real-world harm as its key goals.For worldwide tech leaders, startups, and consumers, this is a point in time that serves as an indication of changes taking place. The regulation of AI is not just theoretical; rather, it is operational and unavoidable.New York’s AI safety law applies to high-impact and high-risk AI systems. These are systems and algorithms that have the potential to impact highly significant decisions or outcomes related to the following:The role of the law is to ensure that the organisations putting such systems in place accept responsibility for the outcome, and not just innovation.Instead, the law groups AI based on its impact on people, regardless of its size and brand name. This is because a small-sized algorithm with malicious intent can raise many questions compared to the larger one that is used for good deeds.It also sets a standard for organizations operating within the US, Europe, Africa, and the Asian regions. The standard for one state becomes the standard for the whole world.That makes this particular piece of legislation more about stability rather than control. This is because it views AI as electricity, banking, or aviationpotent, useful, but dangerous if not regulated.What this brings is transparency into internal debates. Lawyers are at the same table as engineers. Product managers answer ethical questions alongside technical questions.It is free from ambiguity. It deals with scenarios. There is no ambiguity in the responsibility allocation. This makes it applicable in all systems of law, including common law systems such as Australia, the UK, and Africa.Rather, the experiences that the statute in New York focuses on recognize that AI failures compound faster than human errors. One faulty system impacts millions of people for hours.