Netflix Investors Reject Bid on AI Discrimination, Layoff Risks

June 6, 2024, 10:21 PM UTC

Netflix Inc. shareholders on Thursday voted down a bid urging the company to divulge more about its artificial intelligence policies nearly a year after use of the emerging technology contributed to labor strife in the entertainment industry.

The proposal, brought by the AFL-CIO Equity Index Funds at Netflix’s annual meeting, asked for a report on the entertainment giant’s use of AI in its business operations and any ethical guidelines the company has adopted for its AI work.

The proposal raised concerns including potential hiring discrimination, mass layoffs and facility closures. Implementing ethical guidelines for AI use could help avoid labor ...

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