“JOSEPH PLAZO TO FUTURE TRADERS: YOUR ALGORITHMS DON’T KNOW RIGHT FROM WRONG”

In a gathering of AI developers, analysts, and traders, Joseph Plazo—founder of the algorithmic trading firm Plazo Sullivan Roche—broke the rhythm of praise for AI with a moment of reckoning.MANILA — What he offered instead was something rarely heard in AI circles: resistance.“If you hand over your portfolio to a machine,” he said, “you