01:36 PM EDT, 05/22/2024 (MT Newswires) -- Amazon.com ( AMZN ) shareholders rejected a proposal seeking to form a board committee that will address risks posed by artificial intelligence systems to human rights, Bloomberg reported Wednesday.

The proposal was presented by AFL-CIO, which cited AI-based human resources decisions that could lead to discrimination, according to the report.

In its proxy statement Wednesday, Amazon's ( AMZN ) board recommended that shareholders vote against the proposal since it was already overseeing human rights and other risks associated with AI and machine learning.

Amazon ( AMZN ) and AFL-CIO did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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