“‘It Was Technically Correct, but Morally Blind’: Joseph Plazo’s Warning to Asia’s Financial Leaders”

In a gathering of AI developers, analysts, and traders, Joseph Plazo—founder of the algorithmic trading firm Plazo Sullivan Roche—delivered a pointed appeal for ethical caution.

Inside one of Southeast Asia’s most influential business schools — He didn’t celebrate victory margins or machine performance.

“If you hand over your portfolio to a machine,” he said, “you must ask: does it reflect your ethics—or just your ambitions?”

???? **He Built the Bot. But He’s Not Sure We’re Ready for It.**

Plazo is not new to this space. His firm’s AI systems have posted a 99% win rate across key timeframes and are in use by institutional clients across Europe and Asia.

Yet even with these results, he insists—performance isn’t the only metric.

“Optimisation is only part of the equation,” Plazo explained. “Direction, purpose—those remain human.”

He shared a case from the early days of the pandemic. One of his firm’s bots flagged a short on gold just before the U.S. Federal Reserve issued an emergency policy shift.

“We overrode it. The algorithm was correct—but profoundly unaware.”

???? **When Pausing Is a Form of Leadership**

Traders are trained to move quickly—too quickly.

“In high-volatility moments, the pause is where leadership happens.”

Plazo introduced a framework he calls **“Conviction Calculus”**—three questions that must be asked before executing an AI recommendation:

- Does this decision align with our values—not just our strategy?
- Have we cross-checked this with human knowledge—not just system signals?
- Does leadership end when the model takes over?

???? **Asia’s Race Toward AI Could Be Missing Its Compass**

Across Asia, nations are investing heavily in fintech and AI-driven innovation. From Singapore to South Korea, the push toward automation is framed as economic strategy.

But Plazo’s question cuts deeper: “Are we building intelligence without wisdom?”

He cited the 2024 collapse of two Hong Kong hedge funds.

“No one made a mistake. But no one questioned the machine either.”

???? **A New Path: Machines That Listen as Well as Compute**

Plazo is not anti-AI. He’s pro-responsibility.

His firm is developing what he calls **“narrative-integrated AI”**—models that factor in geopolitics, tone, and social context alongside market data.

“Machines that don’t just predict, but understand.”

At a private dinner after click here the event, multiple venture capital leaders discussed collaborations.

One investor called Plazo’s talk:

“A blueprint for ethical AI in an unequal world.”

???? **What Happens When No One Says ‘Stop’**

Plazo ended with a thought that may echo across boardrooms:

“We won’t be victims of chaos—but of unchecked confidence.”

Not a warning against AI—but a demand for wisdom to go with it.

Because when machines take over the trades, conscience cannot be coded out.

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