Shareholders send strong signal on misinformation risks arising from generative AI, targeting increased accountability and transparency at Meta and Alphabet.
Shareholder proposals centred on generative AI’s (GAI) role in amplifying misinformation and
disinformation filed at big tech companies Meta and Alphabet have echoed rising investor concerns
around the fast-developing technology.
The proposal at Meta was led by ESG activist investor Arjuna Capital, with non-profit Open Media and
Information Companies Initiative (Open MIC) as a co-filer. It demanded the board issue a report
within a year of the AGM, assessing risks to the firm’s operations and finances and public welfare
presented by GAI.
The proposed report would also outline steps that Meta intends to take to remediate those harms,
and explain how the effectiveness of such efforts would be gauged.