In a gathering of AI developers, analysts, and traders, Joseph Plazo—founder of the algorithmic trading firm Plazo Sullivan Roche—broke the rhythm of praise for AI with a moment of reckoning.From Manila, where financial optimism runs high — He didn’t celebrate victory margins or machine performance.“The machine may be faster. But are we s
“Automated Finance, Human Consequences: Plazo Urges Caution on AI in the Markets”
Inside the Asian Institute of Management, Joseph Plazo—founder of the algorithmic trading firm Plazo Sullivan Roche—broke the rhythm of praise for AI with a moment of reckoning.From Manila, where financial optimism runs high — What he offered instead was something rarely heard in AI circles: resistance.“The machine may be faster. But are we