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Media: Meta, Microsoft and Google see AI as a risk for business

Major tech companies have warned that artificial intelligence could destroy their businesses, Bloomberg reports, citing financial reports. In particular, Meta Platforms Inc. said its AI could be used for disinformation during elections. 

Microsoft Corp. fears copyright claims related to neural network training. Oracle Corp. believes its AI products may perform worse than others. 

Alphabet Inc., Google's parent company, has warned that the use of its artificial intelligence tools "may negatively impact human rights, privacy, employment and other social issues." 

According to the agency, at least twelve large technology companies in their financial reports forSEChave issued or updated warnings related to AI, including Palo Alto Networks Inc., Dell Technologies Inc., Nvidia, Adobe Inc. and Uber Technologies Inc. 

Bloomberg notes that companies describe risks to prevent possible lawsuits from shareholders.

"There is a lot of herd mentality in risk disclosure. If one company fails to disclose a risk that its peers have, it can lead to litigation," said corporate law professor Adam Pritchard.

Recall that in March, OpenAI called for a responsible approach to AI development. 

In June, the media learned that Apple rejected Meta's offer to integrate its chatbot into the iPhone due to an insufficiently strict privacy policy.

Sixty-eight IT executives from 15 countries, including Brazil, India, USA, Saudi Arabia, Turkey, Kazakhstan, and Indonesia participated in the project.

June 2024 was a very dynamic month for AI and data analytics market, marked by significant events, product launches, and industry insights.

Artem Kalivanov, CIO of Beeline Uzbekistan, discussed IT project management in terms of project definition, management models like Waterfall and Agile methodologies, and the importance of Lean in process management.

On June 4, 2024, the professional IT community Global CIO held its annual meeting with IT leaders from Kazakhstan. IT executives from leading companies in Kazakhstan were invited to the online meeting.

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