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

At a lecture hall in Manila, renowned AI investor Joseph Plazo laid down the gauntlet on what AI can and cannot achieve 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 hour, he swept across global tech frontiers, balancing data science with real-world decision making. His central claim: Machines are powerful, but not wise.

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Bright Minds Confront the Machine’s Limits

Before him sat students and faculty from leading institutions like Kyoto, NUS, and HKUST, assembled under a pan-Asian finance forum.

Many expected a victory lap of AI's dominance. Instead, they got a reality check.

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

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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 the market chaos of early 2020, noting, “Machines were late to the signal. People weren’t.”

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Reclaiming the Edge: Why Humans Still Matter

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

“AI is the microscope—you choose what to zoom in on,” he said. It analyzes—but lacks awareness.

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

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A Mental Shift Among Asia’s Finest

The talk sparked introspection.

“I believed in the supremacy of code,” said Lee Min-Seo, a quant-in-training from South Korea. “Turns out, insight can’t be uploaded.”

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

“Only you can judge character,” he reminded. “Belief isn’t programmable.”

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The Speech That Started a Thousand Debates

As Plazo exited the stage, the crowd rose. But more importantly, they lingered.

“I came for machine learning,” said a PhD candidate. “But I left understanding myself better.”

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

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