TECH - Apple and Disney's AI Strategies Under Shareholder Scrutiny: What's Next? | Benzinga
Apple Inc (NASDAQ: AAPL) and Walt Disney Co (NYSE: DIS) will likely face shareholder votes on their use of artificial intelligence (AI) following a decision by the U.S. Securities and Exchange Commission (SEC).
On January 3, the SEC denied requests from both companies to exclude AI-related proposals from their annual meetings.
These proposals, filed by a pension trust of the AFL-CIO, the most prominent American labor union federation, call for reports on Apple and Disney's use of AI in their business operations and any ethical guidelines adopted for AI technology use, Reuters reports.
The concern arises from AI's potential to replace creative ...