Summary by Moomoo AI
Arjuna Capital, on behalf of Meta Platforms, Inc., has submitted a proxy proposal urging shareholders to vote in favor of Proposal 6 at the 2024 Annual Meeting. The proposal requests Meta to report on the risks and mitigation plans associated with misinformation and disinformation spread through generative Artificial Intelligence (gAI) on its platforms. Arjuna Capital highlights Meta's history of mismanagement leading to societal harm, including the spread of hate speech, election disinformation, and privacy violations. The proposal emphasizes the need for Meta to address the rapid spread of gAI-generated misinformation, especially in an election year, and to implement accountability mechanisms. It also outlines the legal, democratic, regulatory, and economy-wide risks posed by gAI misinformation. The proposal calls for an annual evaluation of these risks and a report on Meta's effectiveness in mitigating them. The document, dated April 23, 2024, is a voluntary submission under Rule 14a-6(g)(1) and is intended to inform shareholders and the public about these issues.