Open MIC

@openmic
656 Followers
353 Following
98 Posts

Open Media and Information Companies Initiative. We work to foster greater corporate accountability in the deployment and use of digital technologies. Our primary tools are shareholder engagement and other finance-focused strategies. #responsibletech #dataprivacy #humanrights #digitalrights

Slowly moving from Twitter @openmicmedia

Websitehttps://www.openmic.org/
About Shareholder Engagementhttps://www.openmic.org/what-is-shareholder-engagement
Current Campaignshttps://www.openmic.org/current-campaigns

Microsoft and Open AI have been secretly partnering with the Israeli army since at least 2023. That's risky business, and investors would probably want to know about it.

"If the court ultimately rules the war a genocide, hosting Microsoft’s data servers utilized by the Israeli military may constitute a breach of international law and could cause legal issues related to Microsoft’s operations in those jurisdictions."

https://loom.ly/DkcFzpY

The Israeli Military Is One of Microsoft's Top AI Customers, Leaked Documents Reveal

Microsoft is a major provider of cloud services and artificial intelligence for the Israeli military, according to internal documents.

Drop Site News

Will Big Tech stocks go the same direction as the overvalued, overhyped railroad companies of the early 20th century?

Op-ed by Harvard Business School professor Mihir A. Desai explains why tech investment is not as safe as investors seem to think.

https://loom.ly/4MhnApI

Opinion | Nvidia’s Fall Shows an Uncertain A.I. Future

Nvidia’s sharp turn of fortunes illustrates much deeper problems that investors are ignoring as they send the valuations of Big Tech to the heavens.

The New York Times

🌎Deconstructing ESG ratings🍃

Every agency has their own (usually opaque) scoring procedure, and each decides independently what to capture.

The low correlation between results gives them latitude to cherry-pick which scores to highlight.

https://loom.ly/QjSLsbU

ESG (+D)? Bridging the digital rights data gap — NetGain Partnership

Open MIC | December 2023 For responsible tech investment to be feasible, investors need reliable information on how companies manage their impacts on digital and other human rights. There is an opportunity to bolster the leverage of responsible investors interested in promoting greater accounta

NetGain Partnership

"While it's tempting to dismiss this as just another Trump spectacle, the launch of the official Trump token opens up a Pandora's box of ethical and regulatory questions."

Trump's new #memecoin is not just a risky investment, it's a potential avenue for anonymous buyers to directly increase the president's wealth.

https://loom.ly/7f9PELI

This year's inauguration lays the groundwork for close connections between government and Big Tech 🇺🇸🔗🤖

Attendees are a who's who of Silicon Valley CEOs: https://loom.ly/YV4g2bk

Trump Inauguration: Joe Biden Tells Supporters “We’ve Got A Lot More To Do” After Rival Takes Office Again; Trump To Pardon Nonviolent Jan. 6 Participants

Donald Trump's 30-minute inaugural address combined the typical, soaring rhetoric of a new president with some of his grievance from the campaign trail.

Deadline

"Americans shouldn't expect to see TikTok suddenly banned on Sunday."

U.S. Lawmakers have brought the app to the brink of a ban, but there's still a good chance it won't go through – at least not right away ⌛🔄⏳

✍️ Reuters: https://loom.ly/6STCdiU

Microsoft's late-2024 AGM vote shows that a large percentage of shareholders are concerned about AI and human rights: three shareholder proposals received significant vote shares:

✅ Report on data operations in human rights hotspots, moved by Olga Bell-Greenbaum D’Angelo: 32.03%
✅ Report on AI misinformation and disinformation, moved by Arjuna Capital & @openmic: 18.67%
✅ Report on AI data sourcing accountability, moved by the NLPC: 36.19%

"This is what it looks like when a mature business runs out of ideas and instead seeks to continue its dominance through money and political power."

Guest essay from Julia Angwin on Zuckerberg's strategy to keep Facebook afloat: Following a string of bad ideas and failed investments, he's resorting to playing politics.

https://loom.ly/MoT2n7Q

Opinion | When Mark Zuckerberg Wins Over Trump, We Lose

He has leveraged his political ambiguity to strengthen Meta, with consequences for the future of Silicon Valley and for the truth.

The New York Times

Costco's defense of DEI hiring practices bucks the trend of corporations abandoning diversity efforts.

“We believe that these efforts enhance our capacity to attract and retain employees who will help our business succeed,” the company's Board said.

As Rob Walker notes in Forbes, "While this is hardly the first airing of a business case for DEI" it is significant because of the company's mainstream success, and its non-activist reasons for supporting DEI.

https://loom.ly/finFsnU

What brands can learn from Costco's no-nonsense defense of DEI

In a cultural back-and-forth that’s been defined largely by posturing, pandering, and threats, Costco is trying to stick to business.

Fast Company

Meta will follow Elon Musk's user-based moderation model, saying that trained fact checkers are "too politically biased."

Nora Benavidez of Free Press explains what Zuckerberg gets wrong about free speech and social media:

"...content moderation has never been a tool to repress free speech; it is a principle that the platforms themselves developed to promote dialogue and protect truth for users."

https://loom.ly/vlsACK8

Meta's Abandonment of Content Moderation and Fact Checking Points to a Chilling New Era of Big Tech Backsliding

Mark Zuckerberg announced a plan to adopt Elon Musk’s approach to spreading lies and hate, masking the cynical move in the rhetoric of free speech.

Free Press