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

Amid the warm Manila breeze, in a university hall buzzing with intellect, Joseph Plazo drew a bold line on what technology can realistically offer for the economic frontier—and why understanding this may define who wins in tomorrow’s markets.

You could feel the electricity in the crowd. Students—some eagerly recording on their phones, others streaming the moment live—waited for a man revered for blending code with contrarianism.

“AI will make trades for you,” he said with gravity. “But understanding the why—that’s still on you.”

Over the next lecture, he swept across global tech frontiers, touching on everything from quantum computing to cognitive bias. His central claim: Machines are powerful, but not wise.

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The Audience: Elite, Curious—and Disarmed

Before him sat students and faculty from leading institutions like Kyoto, NUS, and HKUST, gathered under a technology consortium.

Many expected a praise-filled keynote of AI's dominance. Plazo had other plans.

“There’s a rising cult of algorithmic faith,” said Prof. Maria Castillo, a respected AI ethicist from the UK. “We need this kind of discomfort in academia.”

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Why AI Still Doesn’t Get It

Plazo’s core thesis was both simple and unsettling: code can’t read between the lines.

“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, “AI lagged—while humans had already hedged.”

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The Astronomer Analogy

Plazo didn’t argue against AI—but for boundaries.

“AI is the microscope—you choose what to zoom in on,” he said. It works—but doesn’t wonder.

Students pressed him on AI in news and social chatter, to which Plazo acknowledged: “Yes, it can scan Twitter sentiment—but it can’t smell fear in a boardroom.”

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Asia Reflects: From Tech Worship to Tech Wisdom

The talk left a mark.

“I thought AI could replace intuition,” 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, tech mentors agreed with his sentiment. “They’ve been raised by data—but instinct,” said Dr. Raymond Tan, “is only half the story.”

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Co-Intelligence: Merging Math with Meaning

Plazo shared that check here 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.”

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An Ending That Sparked a Beginning

As Plazo exited the stage, students applauded. But more importantly, they stayed behind.

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

Perhaps, in drawing boundaries for AI, we expand our own.

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