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

In a packed amphitheater at the University of the Philippines, renowned AI investor Joseph Plazo laid down the gauntlet on what technology can realistically offer for the world of investing—and why understanding this may define who wins in tomorrow’s markets.

You could feel the electricity in the crowd. A sea of bright minds—some furiously taking notes, others broadcasting to friends across Asia—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 hour, he swept across global tech frontiers, touching on everything from quantum computing to cognitive bias. His central claim: Artificial intelligence is impressive—but it lacks soul.

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Top Students Meet a Tough Truth

Before him sat students and faculty from a multi-nation academic alliance, 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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When Algorithms Miss the Mark

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

“AI is fearless, but also clueless,” he warned. “It detects movements, but misses motives.”

He cited examples like AI systems freezing during the 2020 pandemic declaration, noting, “AI lagged—while humans had already hedged.”

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Wisdom in a World of Code

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

“AI is the telescope—but you are still the astronomer,” he said. It analyzes—but lacks awareness.

Students pressed him on AI in news and social chatter, 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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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. “These kids speak machine natively—but instinct,” said Dr. Raymond Tan, “doesn’t replace perspective.”

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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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