To open Ethical Investment Week 2026 — themed "The Legacy We Leave" — Dr Roger Spiller (Money Matters) is joined by Vinay, Responsible Investment Manager at Betashares, to unpack how ethical investors can actually engage with artificial intelligence, rather than simply labelling it "good" or "bad."

They introduce the new Ethical Investment Guide to Artificial Intelligence and Human Rights (RIAA & the Ethical Advisers Co-op) and its five reasons AI matters to investors — reputational, legal, operational, social and systemic risk. The core of the conversation is Betashares' AI value chain framework, which maps the ecosystem across four layers: semiconductor makers (Nvidia), cloud infrastructure (Microsoft, Amazon), foundation model developers (OpenAI, Anthropic) and applications/software (Salesforce) — with a real-world case study, key ethical risks and genuine opportunities at each layer.

They also cover why Microsoft doesn't qualify as a "climate leader" for the Betashares Global Sustainability Leaders Fund despite strong AI governance, how engagement and proxy voting work alongside screening, and initiatives like the World Benchmarking Alliance's Collective Impact Coalition. The episode closes with reflections from Yuval Noah Harari's recent interview with The Economist on AI, control, and human choice.

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This podcast provides general information for educational purposes only and does not constitute financial advice or a recommendation.