Will legislation that imposes liability for damages caused by a chatbot impersonating certain licensed professionals become law in New York before Jan 1, 2027?

The 23¢ price reflects skepticism about New York passing specialized AI liability legislation within 258 days, with the Yes side offering an exceptional 501.9% implied yield—a sign of genuine scarcity of bullish conviction rather than a mispriced opportunity, given the narrow legislative window and lack of recent momentum (price drifted down 1¢ in 7 days). The $5,341 open interest and zero 24-hour volume suggest this niche policy market lacks liquidity to validate the extreme yield, and the moderate 4 Cliff Risk Index indicates resolution uncertainty could spike closer to expiration if legislative activity accelerates.

Resolution rules

If legislation that imposes liability for damages caused by a chatbot or other AI system impersonating certain licensed professionals has become law in New York before Jan 1, 2027, then the market resolves to Yes.

Indicators

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