Description: The ‘Tolerable Risk’ in the context of artificial intelligence (AI) ethics refers to the level of risk that is considered acceptable when implementing AI technologies in various applications. This concept is fundamental to ensuring that decisions made in the development and use of AI do not compromise the safety, privacy, or rights of individuals. Tolerable risk is assessed based on multiple factors, including the potential impact of the technology, the likelihood of adverse outcomes, and the available mitigation measures. Identifying a tolerable risk involves careful analysis and ethical deliberation, where the benefits of AI are weighed against its potential negative consequences. This approach seeks to promote responsible innovation, ensuring that AI technologies are developed and used in ways that respect human values and promote social well-being. In an increasingly digital world, establishing a clear framework for tolerable risk is essential for building trust in AI and ensuring its acceptance by society.
