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What about Stakeholder Impacts?

Should we consider the impacts of AI on *just ourselves*?
Or should we extend our scope to include all stakeholders -- organizations, individuals, and society at large?

"The risks posed by Artificial Intelligence (AI) are of considerable concern to academics, auditors, policymakers, AI companies, and the public.
However, a lack of shared understanding of AI risks can impede our ability to comprehensively discuss, research, and react to them."


According to MIT in 2025,
the AI Risk Repository is a living database of 777 risks extracted from 43 taxonomies,
which can be easily accessed, modified, and updated via MIT's online spreadsheets.


"The AI Incident Database now includes over 3,000 real-world instances where AI systems have caused or nearly caused harm. "

Is YOUR NAME listed in the AI Risk Repository, as a victim of HARM?

Of course NOT. Individuals and Organizations who suffer harm from these incidents are NOT IDENTIFIED.

Financial Impact Assessments

Sometimes new regulations go into effect which are intended to protect consumers.
These regulations often have financial impacts on businesses and consumers.
For example, the California Privacy Protection Agency recently conducted a Statement of Financial Impact on its new regulations mandating annual cybersecurity audits and risk assessments on Automated Decision-Making Technologies, which estimated a 2 billion dollar cost to the California economy.

One critical item, not included in the financial impact statement because it wasn't legally required, was the cost of enforcing the regulations.

Businesses are impacted because they are burdened to pay the largest costs of complying with the new regulations.
Consumers are impacted because businesses may raise prices to cover the additional costs.
Businesses that don't comply with the new regulations enjoy a competitive advantage over businesses that do comply.
Enforcement agencies are impacted because with incentives for businesses to ignore regulations, they have a greater workload of violations to investigate.
Taxpayers are impacted because they are funding legislation that doesn't benefit them directly.

Consumers are impacted --
  because consumers are taxpayers;
    consumers are constituents;
      consumers are business owners or business employees;
        consumers are investors;
          and consumers are customers.

How much did this cost YOU?

You can use Yo-AI to conduct impact assessments on your behalf, which includes costs.
But YOU are just one impacted individual -- you likely will NOT BENEFIT from any regulation
-- UNLESS you share your assessment with other stakeholders.

Perhaps you've heard this saying: "When big businesses sneeze, small businesses catch a cold".
With Yo-AI, "When consumers get hurt, policymakers, along with everybody else, will hear you scream."

Assess Your Risk

 

Yo-AI helps consumers determine their exposure to risk and do something about it.