2010 'Flash Crash': A Case Study on AI Responsibility and Governance
Investigate the 2010 'flash crash', a notable incident highlighting the potential risks in AI trading systems. This AI incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM). Stay vigilant for safeguarding trustworthy AI and help us build robust guardrails for a safe and secure future. 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.