At a gathering of students and young professionals in Manila, Joseph Plazo, posed a challenge to the prevailing techno-optimism in finance.His argument was not anti-technology, but pro-governance.“Delegating execution does not mean abdicating responsibility.”???? **The Model Is Perfect. The Context Is Missing.**Mr. Plazo is not a critic from th
“Joseph Plazo on Why Algorithms Still Need Human Judgment”“Machines Can Trade. But Can They Govern?”
During a speech delivered at one of Southeast Asia’s top business schools, Joseph Plazo, argued that automation may have outpaced accountability.He offered a sober reminder: faster trades are not always wiser ones.“If you allow a machine to manage your portfolio,” he said, “ensure it reflects your priorities—not just your profit targets.�