AI (or rather what is call AI right now), is not really intelligent but it does have a lot of risks associated with using it. We all know about the Deep Fakes and the hallucinations etc but those are not the only risks of using generative AI. The researchers at MIT have cataloged the over 700 risks of using generative AI.
The risks posed by Artificial Intelligence (AI) are of considerable concern to academics, auditors, policymakers, AI companies, and the public. However, a lack of shared understanding of AI risks can impede our ability to comprehensively discuss, research, and react to them. This paper addresses this gap by creating an AI Risk Repository to serve as a common frame of reference.
This comprises a living database of 777 risks extracted from 43 taxonomies, which can be filtered based on two overarching taxonomies and easily accessed, modified, and updated via our website and online spreadsheets. We construct our Repository with a systematic review of taxonomies and other structured classifications of AI risk followed by an expert consultation. We develop our taxonomies of AI risk using a best-fit framework synthesis. Our high-level Causal Taxonomy of AI Risks classifies each risk by its causal factors (1) Entity: Human, AI; (2) Intentionality: Intentional, Unintentional; and (3) Timing: Pre-deployment; Post-deployment. Our mid-level Domain Taxonomy of AI Risks classifies risks into seven AI risk domains: (1) Discrimination & toxicity, (2) Privacy & security, (3) Misinformation, (4) Malicious actors & misuse, (5) Human-computer interaction, (6) Socioeconomic & environmental, and (7) AI system safety, failures, & limitations. These are further divided into 23 subdomains. The AI Risk Repository is, to our knowledge, the first attempt to rigorously curate, analyze, and extract AI risk frameworks into a publicly accessible, comprehensive, extensible, and categorized risk database. This creates a foundation for a more coordinated, coherent, and complete approach to defining, auditing, and managing the risks posed by AI systems.
They have published a paper on it: The AI Risk Repository: A Comprehensive Meta-Review, Database, and Taxonomy of Risks From Artificial Intelligence that you should check out. They have also made their entire database available to copy for free as well.
Check it out if you have some free time.
Source: Boingboing.net: MIT’s AI risk database exposes 700+ ways AI could ruin your life.
– Suramya