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AI Risk

Economic AI Risks

"In the context of economic AI risks two major risks dominate. These refer to the disruption of the economic system due to an increase of AI technologies and automation. For instance, a higher level of AI integration into the manufacturing industry may result in massive unemployment, leading to a loss of taxpayers and thus negatively impacting the economic system (Boyd & Wilson, 2017; Scherer, 2016). This may also...

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AI Risk6. Socioeconomic and Environmental6.2 > Increased inequality and decline in employment quality2 - Post-deployment

Record summary

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Techniques0Attack methods connected to this risk.
Mitigations0Defenses that may help with related attacks.
Domain6. Socioeconomic and EnvironmentalThe broad risk area this belongs to.

Risk profile

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"In the context of economic AI risks two major risks dominate. These refer to the disruption of the economic system due to an increase of AI technologies and automation. For instance, a higher level of AI integration into the manufacturing industry may result in massive unemployment, leading to a loss of taxpayers and thus negatively impacting the economic system (Boyd & Wilson, 2017; Scherer, 2016). This may also be associated with the risk of losing control and knowledge of organisational processes as AI systems take over an increasing number of tasks, replacing employees in these processes. "

Domain6. Socioeconomic and Environmental
Subdomain6.2 > Increased inequality and decline in employment quality
Entity3 - Other
Intent3 - Other
Timing2 - Post-deployment
CategoryEconomic AI Risks
Subcategoryn/a

Related techniques

Attack methods connected to this risk.

No linked attack methods. No AI attack method is connected to this risk in the current data.

Suggested mitigations

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No propagated mitigations. No defense is available through the connected attack methods.

Source

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