MIT AI Risk Repository · Risk Sub-Category · 50.03.06

Economic harm (Unfair Market Practices)

Category: Societal Risks

Description

From AI Risk Categorization Decoded (AIR 2024): From Government Regulations to Corporate Policies (Zeng2024), as extracted by the MIT AI Risk Repository (CC BY 4.0).

Classification

Causal entity
Human
Timing
Other

Subdomain definition: AI developers or state-like actors competing in an AI ‘race’ by rapidly developing, deploying, and applying AI systems to maximize strategic or economic advantage, increasing the risk they release unsafe and error-prone systems.

Real-world incidents in this subdomain

Browse all incidents in this subdomain

How other frameworks describe this risk

Other entries from Zeng2024