Svensk fond dropper SpaceX
Mangel på rutiner for å stoppe ulovlig innhold er årsaken.
Svensk fondet AP7, which manages pension funds for nearly six million Swedes, is abandoning Elon Musk's SpaceX, according to the Swedish news agency TT, as reported by SvD. SpaceX made its debut on the stock market in June and was valued at $1.770 trillion. In its semi-annual report, AP7 declared that it would not invest in Musk's company.
The reasons cited by AP7's chief investment officer, Lena Fahlén, were twofold: firstly, the lack of management within the company, and most critically, inadequate risk management related to human rights issues. This specific concern highlighted the absence of proper processes and procedures to prevent the generation and publication of illegal content on the underlying AI companies' platforms.
Musk previously merged SpaceX with AI company xAI, making X (formerly Twitter) a subsidiary of SpaceX. xAI develops the AI assistant Grok, integrated into Musk's social platform X. Earlier this year, there was significant criticism directed at the chatbot following reports of it being used to create sexually explicit images of women and minors.
Fahlén emphasized that since X is owned by Elon Musk, similar incidents have been observed within AI companies under SpaceX. The primary issue lies in the lack of processes to handle these risks, according to Fahlén.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
