At The Walt Disney Company’s next annual meeting, shareholders will vote on a proposal about transparency surrounding artificial intelligence (AI).

Disney Shareholders to Vote on AI Transparency

The Securities and Exchange Commission (SEC) determined that Disney must include the proposal from the AFL-CIO Equity Index Funds on their annual proxy statement.

Disney initially intended to exclude the proposal, but the SEC insisted that it “transcends ordinary business matters and does not seek to micromanage the Company.”

The proposal addressed to Disney asks that the Company,

prepare and publicly disclose on the Company’s website a transparency report that explains the Company’s use of Artificial Intelligence (‘AI’) in its business operations and the Board’s role in overseeing AI usage, and sets forth any ethical guidelines that the company has adopted regarding its use of AI.

Shareholders will vote on whether or not they want a report on Disney’s AI use.

Shareholders request that The Walt Disney Company (the “Company”) prepare and publicly disclose on the Company’s website a transparency report that explains the Company’s use of Artificial Intelligence (“AI”) in its business operations and the Board’s role in overseeing AI usage, and sets forth any ethical guidelines that the company [sic] has adopted regarding its use of AI. This report shall be prepared at a reasonable cost and omit information that is proprietary, privileged, or violative of contractual obligations.

AFL-CIO proposal

AI was a big issue during last summer’s WGA and SAG-AFTRA strikes, with writers and actors alike worried they would be replaced by AI or that their work and faces would be used in AI systems without their permission.

Source: The Hollywood Reporter

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