# Professor Vasant Dhar is interviewed for a feature story on robo advisers

1 Faculty News June 19, 2018 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](https://www.wsj.com/articles/the-future-robo-adviser-smart-and-ethical-1529460240) -- "'A robot has no consciousness, no ethics,' says [Vasant Dhar](http://www.stern.nyu.edu/faculty/bio/vasant-dhar), a professor of information systems at New York University’s Stern School of Business who runs a robo adviser for institutional investors. For a robo to qualify as a fiduciary, 'you’d have to have a machine that has a strong moral code and understands the implications' of violating it, such as a regulatory fine or lawsuit, he says."

[Read more](https://www.wsj.com/articles/the-future-robo-adviser-smart-and-ethical-1529460240)