"SEC Rules Apple and Disney Must Allow Shareholder Votes on AI Proposals"
The U.S. Securities and Exchange Commission (SEC) has ruled that Apple and Disney cannot exclude shareholder proposals regarding their use of artificial intelligence (AI) from their annual meetings. These proposals, filed by the AFL-CIO pension trust, call for reports on AI usage and ethical guidelines. The SEC's decision highlights the increasing scrutiny on how companies incorporate AI into their operations, particularly concerning ethical considerations and transparency. Apple and Disney had argued that these matters were part of ordinary business operations, but the SEC found the issues to be of greater significance.
