With AI-related risks being inherently global in nature, the hope and anticipation is that there will be a suitably robust regulatory environment wherever the technology is deployed, Michael Connor, Executive Director at Open MIC, tells ESG Investor.
“Many companies have global activities, so we need to ensure that if they are applying a higher standard in Europe due to EU regulations, this should be the case wherever they operate to foster greater corporate accountability in the deployment and use of digital technologies,” he says.
Amazon, during its May 2019 annual meeting, actively opposed each of the 15 shareholder proposals on the ballot, according to Michael Connor, Executive Director of Open MIC, a nonprofit that works with shareholders to foster corporate accountability in the tech and media sectors. One resolution asked for a report on the human rights risks of Amazon’s facial recognition technology. Amazon has refused to engage with shareholders on it, Connor told me.
