What AI Can’t Do: A Manila Lecture Shakes the Finance World

Amid the warm Manila breeze, in a university hall buzzing with intellect, tech entrepreneur and investment icon Joseph Plazo drew a bold line on what technology can realistically offer for the world of investing—and why this difference is increasingly crucial.

The air was charged with anticipation. Young scholars—some clutching notebooks, others capturing every word via livestream—waited for a man known not only as an AI visionary, but also a contrarian investor.

“Machines will execute trades flawlessly,” Plazo opened with authority. “But understanding the why—that’s still on you.”

Over the next lecture, he swept across global tech frontiers, balancing data science with real-world decision making. His central claim: Machines are powerful, but not wise.

---

Bright Minds Confront the Machine’s Limits

Before him sat students and faculty from leading institutions like Kyoto, NUS, and HKUST, united by a shared fascination with finance and AI.

Many expected a celebration of AI's dominance. What they received was a provocation.

“There’s a growing religion around AI,” said Prof. Maria Castillo, guest faculty from Europe. “Plazo’s words were uncomfortable—but essential.”

---

When Algorithms Miss the Mark

Plazo’s core thesis was both simple and unsettling: machines lack context.

“AI doesn’t panic—but it doesn’t anticipate,” he warned. “It finds trends, but not intentions.”

He cited examples like machine-driven funds failing to respond to COVID news, noting, “By the time the algorithms adjusted, the humans were already positioned.”

---

Reclaiming the Edge: Why Humans Still Matter

Rather than dismiss AI, Plazo proposed a partnership.

“AI is the telescope—but you are still the astronomer,” he said. It sees—but doesn’t think.

Students pressed him on sentiment tracking, to which Plazo acknowledged: “Of course, click here it parses language patterns—but it can’t discern hesitation in a policymaker’s tone.”

---

Asia Reflects: From Tech Worship to Tech Wisdom

The talk hit hard.

“I used to think AI just needed more data,” said Lee Min-Seo, a finance student from Seoul. “Now I see it’s judgment, not just data, that matters.”

In a post-talk panel, regional leaders backed Plazo’s call. “They’ve been raised by data—but instinct,” said Dr. Raymond Tan, “is only half the story.”

---

Co-Intelligence: Merging Math with Meaning

Plazo shared that his firm is building “hybrid cognition models”—AI that understands not just volatility, but motive.

“Ethics can’t be outsourced to software,” he reminded. “Judgment remains human territory.”

---

An Ending That Sparked a Beginning

As Plazo exited the stage, the hall erupted. But more importantly, they started debating.

“I came for machine learning,” said a PhD candidate. “Instead, I got something more powerful—perspective.”

In knowing what AI can’t do, we sharpen what we can.

Leave a Reply

Your email address will not be published. Required fields are marked *