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Levels of Risk

In our course, we define five levels of risk related to making a prediction and needing a clear explanation of why a prediction was made.

  1. Passive Modification: AI agents perform a background process that modifies resources but does not involve high-stakes
  2. Assisted Decision-Making AI agents provide low-stakes recommendations where human confirmation is required before any action is taken.
  3. Opt-In High-Stakes: A high-stakes recommendation and humans must opt-in to accept a recommendation made by an AI agent
  4. Opt-Out High-Stakes: A high-stakes recommendation humans must opt-out to avoid a recommendation
  5. Autonomous High-Stakes: A high-stakes recommendation and there are no humans in the loop