“The Machines Are Trading. But Who’s Still Thinking?”
“The Machines Are Trading. But Who’s Still Thinking?”
Blog Article
At a gathering of future economists and code-literate capitalists, Joseph Plazo—AI investor and founder of Plazo Sullivan Roche Capital—offered not hype, but hesitation.
MANILA — the atmosphere inside AIM’s lecture hall was not electric, but charged—with thought.
Plazo, a man whose trading systems are trusted by institutional investors across continents and have posted almost mechanical consistency, did not arrive to dazzle.
“Delegating decisions doesn’t absolve responsibility.”
???? **The Code Breaker Who Stopped to Ask Why**
This is no abstract philosophy. It’s professional reflection. He built the bots that move the markets.
Which makes his unease all the more compelling.
“There’s no wisdom in efficiency alone.”
He referenced an early pandemic incident: an AI under his firm flagged a short trade on gold—right before central bank intervention reversed market expectations.
“We stopped it. The model was technically sound—but contextually catastrophic.”
???? **Why Pause Could Be the Last Power Humans Hold**
Plazo warned against the growing cultural obsession with speed—particularly in finance.
“Friction slows execution, but gives space for reflection.”
He introduced a three-question model he calls **Conviction Calculus**—a checklist not for technical performance, but for ethical clarity:
- What does this say about who we are?
- What would we know if we turned off the data feed?
- Are we prepared to own this check here trade, even if it fails?
???? **The Human Cost of High-Speed Finance**
Markets in Singapore, South Korea, and the Philippines are being reshaped by code.
Plazo asked a harder question: “Can we build systems faster than we build the ethics to govern them?”
Recent high-profile failures stem not from incompetence—but overconfidence in automation.
“We created tools that don’t know how to say no.”
???? **Beyond the Bot: Plazo’s Push for Narrative AI**
Plazo isn’t calling for a retreat from technology.
He is instead building what he terms **“narrative-integrated AI”**—systems that assess not just numbers, but context, tone, and geopolitical undercurrents.
“AI should be a compass—not a cannon.”
Investors weren’t just curious—they were concerned.
One called the model:
“What regulation failed to build, this framework might.”
???? **The Next Market Failure May Begin With a Perfectly Executed Mistake**
Plazo closed with a sentence that now circles boardrooms like a quiet echo:
“The next crash won’t be emotional. It will be rational—executed too quickly, without dissent.”
Not fear. Foresight.
Because in a world ruled by automation, the last act of leadership may simply be to ask: why?