Deployment of GPAI agents in finance

Sub-category

Risk Domain

5Human-Computer Interaction

5.1Overreliance and unsafe use

Users anthropomorphizing, trusting, or relying on AI systems, leading to emotional or material dependence and inappropriate relationships with or expectations of AI systems. Trust can be exploited by malicious actors (e.g., to harvest personal information or enable manipulation), or result in harm from inappropriate use of AI in critical situations (e.g., medical emergency). Overreliance on AI systems can compromise autonomy and weaken social ties.

"The deployment of GPAI based agents in the financial sector can negatively impact market stability due to correlated autonomous actions, high intercon- nectedness, or incentive misalignment [4]. Furthermore, such GPAI agents in the same environment are vulnerable to classical challenges in multi-agent systems [63], such as coordination and security of the agents."(p. 48)

Entity— Who or what caused the harm

Human

Due to a decision or action made by humans

AI system

Due to a decision or action made by an AI system

Other

Due to some other reason or is ambiguous

Intent— Whether the harm was intentional or accidental

Intentional

Due to an expected outcome from pursuing a goal

Unintentional

Due to an unexpected outcome from pursuing a goal

Other

Without clearly specifying the intentionality

Timing— Whether the risk is pre- or post-deployment

Pre-deployment

Occurring before the AI is deployed

Post-deployment

Occurring after the AI model has been trained and deployed

Other

Without a clearly specified time of occurrence

Supporting Evidence (1)

"For example, an agent tasked with predicting the value of a commodity, for which numerous agents depend on to make their own predictions, can be tar- geted with unreliable data, compromising the actions of both the main agent and its dependents."(p. 49)