Constraints & Risks

[lupinteq]

Define the constraints & risks for our project.

[Tshepo-Mzimba]

Risks

• Privacy Violations
• socioeconomic inequality
• Loss of human influence
• Self-aware AI not controlled
• Market volatility

[lupinteq]

Please elaborate

[Tshepo-Mzimba]

Risks

• Privacy Violations. AI can be used to create highly sophisticated phishing attacks, which can trick users into revealing sensitive information or clicking malicious links.
• Socioeconomic inequality. AI can reduce the relative amount of income going to low-skilled labour, which will increase inequality across society
• Loss of human influence. AI significantly impacts the loss of human decision-making and makes human lazy.
• Self-aware AI not controlled. If AI systems attain self-awareness, their behaviour could become unpredictable and end up acting in ways that humans cannot anticipate or control.
• Market volatility. People often think about volatility only when prices fall, however volatility can also refer to sudden price rises too, and find that the user cannot afford.

[Tshepo-Mzimba]

@OctoberTwenty4th please do the constraints fellow

[lupinteq]

Done!