Microsoft Investors Reject Proposal Raising AI Risk Concerns (1)

Microsoft Corp. shareholders on Thursday voted against a proposal seeking more information about the risks AI could pose to the business and the public.

The proposal, put forward by impact investment firm Arjuna Capital, said there is widespread concern that generative artificial intelligence “may dramatically increase misinformation and disinformation globally, posing serious threats to democracy and democratic principles.” It asked for a report assessing AI risks that also details how the company plans to remediate those potential harms.

Microsoft developed ChatGPT in partnership with OpenAI, whose CEO Sam Altman was ousted and then rehired in the span of a few ...