Andrew Lo

Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, the director of MIT’s Laboratory for Financial Engineering, and a principal investigator at MIT’s Computer Science and Artificial Intelligence Lab. He received a B.A. in economics from Yale University in 1980, and an A.M. and Ph.D. in economics from Harvard University in 1984. His most recent research focuses on evolutionary models of investor behavior and financial market dynamics, quantifying the financial costs and benefits of impact investing, applying financial engineering and data science to develop new funding and payment models for “hard tech” sectors such as biotech and fusion energy, and developing applications of large language models and generative AI for provide trusted advice. He has published extensively (see http://alo.mit.edu) and his most recent book is The Adaptive Markets Hypothesis: An Evolutionary Approach to Understanding Financial System Dynamics. He has received numerous awards including being named one of Time Magazine’s “100 most influential people in the world”.