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Only as good as the data

Practical AI

NOTE

Categorizing AI Risks: Understanding the Spectrum

AI can be classified into five risk categories: unacceptable risk, high risk, general purpose AI, limited risk, and minimal risk. The focus lies on evaluating AI capabilities and the outcomes they aim to achieve. Unacceptable risk denotes the highest level of concern, often associated with significant threats or negative impacts. This categorization highlights the importance of recognizing potential regulatory challenges stemming from the development and deployment of certain AI technologies, especially those deemed risky by current standards.

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