As technology continues to advance, so do the risks associated with it. The use of artificial intelligence (AI) has become more prevalent in various sectors, from government to industry. To address the evolving risks of AI, researchers from MIT and other institutions have created the AI Risk Repository. This repository acts as a comprehensive database of documented risks posed by AI systems, providing decision-makers with valuable insights for assessing and mitigating these risks.

One of the key challenges faced by organizations in dealing with AI risks is the lack of a unified classification system. Various efforts have been made to document and classify these risks, but they have been largely uncoordinated, resulting in a fragmented landscape of conflicting systems. The AI Risk Repository aims to tackle this challenge by consolidating information from 43 existing taxonomies, including peer-reviewed articles, preprints, conference papers, and reports. This meticulous curation process has resulted in a database of over 700 unique risks.

A Two-Dimensional Classification System

The AI Risk Repository employs a two-dimensional classification system to categorize risks. First, risks are categorized based on their causes, taking into account the entity responsible (human or AI), the intent (intentional or unintentional), and the timing of the risk (pre-deployment or post-deployment). This causal taxonomy helps to understand the circumstances and mechanisms by which AI risks can arise. Second, risks are classified into seven distinct domains, including discrimination and toxicity, privacy and security, misinformation and malicious actors, and misuse. This classification system provides decision-makers with a structured framework for identifying and addressing specific risks.

A Living Database for Continuous Updates

The AI Risk Repository is designed to be a living database, publicly accessible for organizations to download and use. The research team behind the repository plans to regularly update it with new risks, research findings, and emerging trends. This continuous update process ensures that decision-makers have access to the most up-to-date information on AI risks, allowing them to make informed decisions and develop effective risk mitigation strategies.

For organizations developing or deploying AI systems, the AI Risk Repository serves as a valuable resource for risk assessment and mitigation. By leveraging the repository’s taxonomies, organizations can identify potential risks related to their specific contexts and develop tailored strategies to address them. While the repository offers a comprehensive foundation, organizations are encouraged to customize their risk assessment and mitigation processes to meet their unique needs.

In addition to its practical implications for organizations, the AI Risk Repository is also a valuable resource for AI risk researchers. The database and taxonomies provide a structured framework for synthesizing information, identifying research gaps, and guiding future investigations. This resource can serve as a foundation for more specific work in the field of AI risk research, saving time and increasing oversight for researchers.

The AI Risk Repository represents a significant step in addressing the growing risks associated with artificial intelligence. By providing decision-makers with a comprehensive overview of AI risks and a structured framework for classification, the repository serves as a valuable resource for organizations in various sectors. As the AI risk landscape continues to evolve, the repository will play a crucial role in helping organizations navigate the complex risks posed by AI systems.

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