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.
On Friday, lawyers for Amazon filed a last-ditch request asking the SEC to reconsider its judgement, but on Tuesday the Division denied that request. “As a result, there will be two shareholder proposals regarding facial recognition on the ballot at Amazon this year,” said Michael Connor of Open Mic, a nonprofit focused on corporate accountability that helped organize the effort.
