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Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

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Some of the biggest names in tech, including Adobe, Microsoft, Meta, Nvidia, Google, Dell, and others filed new risk factor reports in 2024 with the Securities and Exchange Commission related to their development and use of artificial intelligence.

Over a dozen of the biggest names in the United States technology industry have filed “risk factor” reports with the Securities and Exchange Commission indicating that artificial intelligence could threaten company finances.

The warnings, filed as risk reports, are intended to indemnify a company against legal culpability for foreseeable risks. These reports are filed with the SEC in order to ensure that they’re made available for disclosure to investors. In the crypto world we’ve also seen highs in 2024. Many of the year’s upticks have come in response to the spoonfuls of regulatory certainty the U.S. government has sparingly doled out throughout the year. On the positive side, for example, theUnfortunately, judging by the general tenor of the cryptocurrency community on social media, there hasn’t been as much progress towards regulatory certainty in the U.S. as the industry would have wished.

 

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