MIT AI Risk Repository · Risk Sub-Category · 58.05.05
Increased competition
Category: Financial and business
Description
"Increased competition - The inappropriate or unethical use of technology to gain market share."
From A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024), as extracted by the MIT AI Risk Repository (CC BY 4.0).
Classification
- Subdomain
- 6.4 Competitive dynamics
- Causal entity
- Human
- Intent
- Intentional
- Timing
- Post-deployment
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
- Korean Internet Portal Giant Naver Manipulated Shopping and Video Search Algorithms to Favor In-House Services
- Apple Tweaked App Store Ranking Algorithms, Allegedly Resulted in Demotion of Local Apps in China
- Inefficiencies in the United States Resident Matching Program
How other frameworks describe this risk
Other entries from Abercrombie2024
- Autonomy
- Autonomy/agency loss
- Impersonation/identity theft
- IP/copyright loss
- Personality rights loss
- Physical
- Bodily Injury
- Loss of Life
- Personal Health Deterioration
- Property Damage
- "Psychological - Direct or indirect impairment of the emotional and psychological mental health of an individual, organisation, or society."
- Addiction