{"id":14968,"date":"2024-07-04T17:58:31","date_gmt":"2024-07-04T14:58:31","guid":{"rendered":"https:\/\/forklog.com\/en\/tech-giants-warn-of-ai-risks-to-their-business-models\/"},"modified":"2024-07-04T17:58:31","modified_gmt":"2024-07-04T14:58:31","slug":"tech-giants-warn-of-ai-risks-to-their-business-models","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tech-giants-warn-of-ai-risks-to-their-business-models\/","title":{"rendered":"Tech Giants Warn of AI Risks to Their Business Models"},"content":{"rendered":"<p>Major technology firms have cautioned that artificial intelligence could disrupt their business models, according to financial reports cited by <a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-07-03\/nvidia-microsoft-meta-warn-investors-that-ai-poses-financial-risks?srnd=technology-vp\">Bloomberg<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>Meta Platforms Inc. has expressed concerns that its AI could be used to spread misinformation during elections.<\/p>\n<p>Microsoft Corp. fears potential copyright infringement claims related to neural network training.<\/p>\n<p>Oracle Corp. believes its AI products might underperform compared to others.<\/p>\n<p>Alphabet Inc., Google&#8217;s parent company, has warned that the use of its AI-based tools &#8220;could negatively impact human rights, privacy, employment, and other social issues.&#8221;<\/p>\n<p>According to the agency, at least twelve major tech companies have published or updated AI-related warnings in their financial reports to the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>. These include Palo Alto Networks Inc., Dell Technologies Inc., Nvidia, Adobe Inc., and Uber Technologies Inc.<\/p>\n<p>Bloomberg notes that companies outline these risks to avert potential lawsuits from shareholders.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;There is a herd mentality in risk disclosure. If one company fails to disclose a risk that its peers have, it could lead to litigation,&#8221; said corporate law professor Adam Pritchard.<\/cite><\/p><\/blockquote>\n<p>In March, OpenAI <a href=\"https:\/\/u1f987.com\/en\/news\/openai-advocates-for-responsible-ai-development\">called for a responsible approach<\/a> to AI development.<\/p>\n<p>In June, reports emerged that Apple rejected Meta&#8217;s proposal to integrate its chatbot into the iPhone due to insufficiently stringent privacy policies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major technology firms have cautioned that artificial intelligence could disrupt their business models, according to financial reports cited by Bloomberg.<\/p>\n","protected":false},"author":1,"featured_media":14967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,738,1293,15],"class_list":["post-14968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-google","tag-meta","tag-microsoft"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=14968"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/14967"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=14968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=14968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=14968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}