Concentration of market power (Trend toward market concentration)
AI-driven concentration of power and resources within certain entities or groups, especially those with access to or ownership of powerful AI systems, leading to inequitable distribution of benefits and increased societal inequality.
"In the generative AI market, barriers to entry are very high. Developers need access to vast volumes of data, computational resources, technical expertise, and capital. Large technology companies with such access are able to exploit economies of scale, economies of scope, and feedback effects (learning effects from user- generated data).542 All this gives them an overwhelming advantage over smaller companies, making competition increasingly challenging for these smaller entities."(p. 103)
Part of Environmental, economical, and societal challenges
Other risks from G'sell (2024) (33)
Technical and operational risks
7.3 Lack of capability or robustnessTechnical and operational risks > Technical vulnerabilities (Robustness - unexpected behaviour)
7.3 Lack of capability or robustnessTechnical and operational risks > Technical vulnerabilities (Robustness - vulnerability to jailbreaking
2.2 AI system security vulnerabilities and attacksTechnical and operational risks > Technical vulnerabilities (The risk of misalignment)
7.1 AI pursuing its own goals in conflict with human goals or valuesTechnical and operational risks > Factually incorrect content (inaccuracies and fabricated sources)
3.1 False or misleading informationTechnical and operational risks > Opacity (the black box problem)
7.4 Lack of transparency or interpretability