The DAO Incident: A Case Study in Responsible Blockchain Governance

Delve into the history-making DAO hack of 2016, its aftermath, and the soft and hard forks that ensued. This incident served as a pivotal moment in blockchain's journey towards safe and secure operations, highlighting the need for robust AI governance and trustworthy AI models. Understand the lessons learned from this episode in our quest for responsible AI.

Matched TAIM controls

Suggested mapping from embedding similarity (not a formal assessment). Browse all TAIM controls

MAP 3.2 — similarity 0.513, rank 1. TAIM detail and related incidents →
GOVERN 1.7 — similarity 0.511, rank 2. TAIM detail and related incidents →
MANAGE 1.3 — similarity 0.505, rank 3. TAIM detail and related incidents →

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/50

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.