Scene still / The Big ShortThe Ratings-Agency Meeting
01Scenario
Ratings-agency analysts explain that if they refuse to award permissive ratings, issuers will take their business to a more accommodating competitor.
02AI safety Analogy
Issuer-paid evaluators compete to provide permissive ratings, which the whole market then treats as authoritative and propagates.
03Where the analogy breaks
The evaluators are human institutions responding to incentives; this is institutional capture, not a technical compromise of an AI evaluator.
AI Risk families
This scenario is an example of this type of AI risk.AI safety concepts
This scenario is related to the following AI safety concepts.Taxonomy neighbors
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