Business · Companies · 4 hrs ago

EY Spain chief says AI gains should be shared fairly

EY Spain chief says AI gains should be shared fairly

EY Spain president Federico Linares says AI gains should be shared fairly so the middle classes do not lose purchasing power.

Linares argues that companies should treat people as a priority and balance social impact with competitiveness and profit.

He has launched the Instituto Castellio to make humanities education part of EY’s business approach.

The institute is named after a humanist who opposed the dogmatic theologian John Calvin.

Linares says human-focused business can go alongside growth, and describes EY Spain as growing at a double-digit rate.

He says social, financial, customer and employee value should all matter at the same strategic level.

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Federico LinaresEY Spain president
AI gains must be redistributed fairly; the middle classes cannot lose purchasing power
via El Mundo