3 ms·
Amazon set for facial recognition revolt
- Zenst 7y agoOne aspect of this story that stands out for me is how a vote was triggered by a shareholder, Amazon tried to block it and the Securities and Exchange Commission told Amazon that it did not have the right to do so. That right there shows a template for how large corporations can be taken to task upon social issues that raise concerns. Whilst any vote will be non-binding, to completely dismiss and ignore such a vote (if it passes), would be something the board of directors would be wary of. More so as those same shareholders who can pass and reject such votes, have a binding vote upon who sits upon a board of directors. Hence a level of self-preservation holds in such positions if they where to go against the wishes of shareholders in any non-binding vote.