Apple Investors Reject Call for Report Into Company’s AI Use
- Shareholders approve recommendations for board, executive pay
- Cook promises ‘transformative’ AI features will come this year
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Apple Inc. shareholders rejected a labor-backed request for an artificial intelligence transparency report, which would have delved into whether the company is using the technology ethically.
The proposal, submitted by AFL-CIO Equity Index Funds, was voted down at Apple’s annual meeting on Wednesday. Shareholders also rejected measures about equal employment policies, civil liberties, racial and gender pay gaps, and human rights. They approved the board slate and the company’s executive compensation plan.