Andrew Lo

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Charles E. and Susan T. Harris Professor of Finance at MIT Sloan School of Management, Director of MIT's Laboratory for Financial Engineering

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Location: United States

ai-governance (1) ai-policy (1) ai-regulation (1) ethics (1) law (1) policy (1) × regulations (1)

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Regulated industries should prohibit AI from making autonomous decisions where fiduciary duty applies

Andrew Lo votes For and says:

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The answer right now is, clearly, AI has the [financial] expertise. What they don't have is that fiduciary duty. [...] we're not going to get to the point where we can fully delegate these [financial] decisions. Unverified source (2026)

added 6h ago