MIT AI Risk Repository · Risk Sub-Category · 19.03.01

Disruption of economic systems (e.g., labour market, money value, tax system)

Category: Economic AI Risks

Description

From Governance of artificial intelligence: A risk and guideline-based integrative framework (Wirtz2022), as extracted by the MIT AI Risk Repository (CC BY 4.0).

Classification

Causal entity
Human

Subdomain definition: AI systems capable of creating economic or cultural value, including through reproduction of human innovation or creativity (e.g., art, music, writing, code, invention), can destabilize economic and social systems that rely on human effort. This may lead to reduced appreciation for human skills, disruption of creative and knowledge-based industries, and homogenization of cultural experiences due to the ubiquity of AI-generated content.

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