Role of AI in 2010 'Flash Crash': Insights from UK Speed Trader Incident

Explore the potential involvement of AI algorithms in the 2010 stock market 'flash crash'. This incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM). Understanding such AI-related incidents is crucial for safe and secure AI governance. Ready to help shape responsible AI? JOIN US

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/28

Data source

Incident data is from the AI Incident Database (AIID).

When citing the database as a whole, please use:

McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

Pre-print on arXiv · Database snapshots & citation guide

We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.