HISPI Project Cerebellum HISPI PROJECT CEREBELLUM

Flash Crash of 2010: Role of AI in High-Frequency Trading Under Scrutiny

The recent arrest of a UK speed trader sheds light on the 2010 'flash crash'. This incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM). It underscores the need for safe and secure AI, responsible AI governance, and guardrails for AI. 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.