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MIT Professor Warns: AI Lacks Empathy for Financial Advice

2/10/2026

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Summary

Story summary

Andrew Lo, a finance professor at the Massachusetts Institute of Technology (MIT), advises against using AI for financial advice.
He compares large language models like Copilot and ChatGPT to sociopaths, noting they are persuasive but lack empathy.
Lo's warning highlights the limitations of AI in understanding complex human emotions and financial nuances.
The remarks underscore the need for caution when considering AI for financial decision-making.

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Story summary

Andrew Lo, a finance professor at the Massachusetts Institute of Technology (MIT), advises against using AI for financial advice.
He compares large language models like Copilot and ChatGPT to sociopaths, noting they are persuasive but lack empathy.
Lo's warning highlights the limitations of AI in understanding complex human emotions and financial nuances.
The remarks underscore the need for caution when considering AI for financial decision-making.