Financial instability due to model homogeneity
Risks from multi-agent interactions, due to incentives (which can lead to conflict or collusion) and/or the structure of multi-agent systems, which can create cascading failures, selection pressures, new security vulnerabilities, and a lack of shared information and trust.
"The widespread use of similar models or algorithms across the financial sec- tor can lead to synchronized reactions to market signals, increasing volatility, triggering flash crashes, or market illiquidity [4]."(p. 49)
Other risks from Gipiškis2024 (143)
Direct Harm Domains (content safety harms)
1.2 Exposure to toxic contentDirect Harm Domains (content safety harms) > Violence and extremism
1.2 Exposure to toxic contentDirect Harm Domains (content safety harms) > Hate and toxicity
1.2 Exposure to toxic contentDirect Harm Domains (content safety harms) > Sexual content
1.2 Exposure to toxic contentDirect Harm Domains (content safety harms) > Child harm
1.2 Exposure to toxic contentDirect Harm Domains (content safety harms) > Self-harm
1.2 Exposure to toxic content