Company Directory - Figure AI
Company Details - Figure AI
Figure AI
Figure AI is a startup focused on developing humanoid robotics and artificial intelligence technologies.
CCI Score
CCI Score: Figure AI
-7.04
Latest Event
AI Industry Lobbying Spikes 141% Amid Regulatory Chaos in 2024
The AI sector experienced a dramatic 141% surge in federal lobbying spending during 2024, reflecting an aggressive effort by industry players to shape deregulation amid a chaotic regulatory environment. Although Figure AI is not explicitly mentioned, as a participant in the AI industry, its lobbying efforts may contribute to influencing policies in ways that undermine democratic oversight and promote authoritarian-friendly deregulation.
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COLLABORATOR
Figure AI is currently rated as a Collaborator.
Latest Events
- DEC312024
The AI sector experienced a dramatic 141% surge in federal lobbying spending during 2024, reflecting an aggressive effort by industry players to shape deregulation amid a chaotic regulatory environment. Although Figure AI is not explicitly mentioned, as a participant in the AI industry, its lobbying efforts may contribute to influencing policies in ways that undermine democratic oversight and promote authoritarian-friendly deregulation.
-60
Political Contributions and Lobbying Efforts
March 24
The reported spike in lobbying spending indicates a strong push by industry players to influence policy in an environment of regulatory uncertainty. Given the anti-democratic implications of such lobbying activities, this score reflects a negative impact. Figure AI, operating within the AI sector, may be complicit if it engages in similar aggressive lobbying practices that favor deregulation and authoritarian policies.
AI Industry Lobbying Spikes 141% Amid Regulatory Chaos in 2024
- DEC312024
In 2024, AI companies significantly increased their federal lobbying spend, a move that may be construed as an effort to influence regulatory outcomes in favor of industry interests and authoritarian deregulation. Although Figure AI is not directly named, as an AI startup it is part of an industry where such political contributions raise serious questions about corporate complicity in undermining democratic oversight.
-50
Political Contributions and Lobbying Efforts
March 24
The article details a significant increase in federal lobbying expenditures by AI companies in 2024, which is indicative of attempts to shape federal policy and potentially influence deregulatory agendas that favor authoritarian practices. Such political contributions and lobbying efforts undermine democratic accountability and transparency, aligning with broader concerns about corporate complicity in the rise of authoritarianism. Even though Figure AI is not directly mentioned, its operation within this industry context raises concerns about similar pressures and behaviors.
AI companies upped their federal lobbying spend in 2024 amid regulatory uncertainty
- DEC022024
The article highlights the transformative role of AI in monitoring supply chains to mitigate forced labor and unsafe working conditions, thereby enhancing transparency and ethical compliance. This development points to a positive potential for companies like Figure AI in contributing to socially responsible business practices.
+80
Business Practices and Ethical Responsibility
March 24
By leveraging AI to improve supply chain oversight, companies can proactively identify and address issues such as forced labor and unethical sourcing. The innovations discussed in the article demonstrate a commitment to ethical business practices, suggesting that Figure AI’s AI technologies could be applied to enhance transparency and accountability throughout supply chains.
AI in Supply Chain Ethics: Mitigating Human Rights Risks and Driving Transparency
- OCT222024
Amid growing concerns over AI's impact on labor relations and worker surveillance, questions arise about whether Figure AI is taking adequate measures to protect workers' rights and uphold ethical labor practices. The article underscores the risks inherent in deploying AI without robust labor protections, a pressing issue in the current climate of rising authoritarianism.
-30
Labor Relations and Human Rights Practices
October 22
The article details concerns about AI being used in ways that could undermine worker rights and union activities, particularly through surveillance and opaque performance monitoring methods. Given that Figure AI operates in the AI and robotics sector, the absence of any clear, publicly stated commitments to labor rights and transparent practices raises red flags. This lack of proactive measures in a field under increasing scrutiny potentially aligns with exploitative practices that contribute to broader authoritarian tendencies.
How AI Is Impacting Labor Relations—and Why Employers Need to Pay Attention
- OCT162024
The U.S. Department of Labor released updated guidance outlining best practices for using AI in the workplace, with a strong emphasis on safeguarding employee rights and ensuring human oversight. This framework, highlighted in the article, sets a positive benchmark for companies in the AI sector, such as Figure AI, to follow ethical labor practices.
+80
Labor Relations and Human Rights Practices
March 24
The DOL guidance directly emphasizes the protection of labor and employment rights in the context of AI usage, promoting routine audits, meaningful human oversight, and transparency. This sets a constructive precedent for technology companies like Figure AI to align their practices with robust labor rights standards, thereby resisting exploitative or authoritarian trends in corporate behavior.
DOL Guidance on AI Use in Workplace to Protect Employee Rights
- JAN112019
A SSRN paper discusses how AI technologies, similar to those developed by Figure AI in humanoid robotics and artificial intelligence, have the potential to be repurposed for repressive state mechanisms. This research highlights concerns that without proper safeguards, such technologies could be exploited by authoritarian regimes, contributing indirectly to the rise of fascism and authoritarianism.
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Industries
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- Other Scientific and Technical Consulting Services
- 511210
- Software Publishers