IS WORK OVER?

Automation index

How much of a Economist’s job can AI already do?

Pulling a dataset and a first chart is instant. Deciding which model holds, and explaining it to a ministry, is not.

This percentage does not predict how many people will lose their jobs.

Task comparison

Economist

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Clean data, estimate and produce tables.
Estimate

No public source provides a precise figure. This is our estimate.

22%52%+11.4
Draft notes, briefs and a first paper.
Estimate

No public source provides a precise figure. This is our estimate.

18%45%+8.1
Choose model, assumptions and robustness.
Estimate

No public source provides a precise figure. This is our estimate.

16%22%+3.5
Present to a client, ministry or board.
Estimate

No public source provides a precise figure. This is our estimate.

16%15%+2.4
Debate, peer-review and defend the numbers.
Estimate

No public source provides a precise figure. This is our estimate.

14%12%+1.7
Read the political context and data quality.
Estimate

No public source provides a precise figure. This is our estimate.

14%18%+2.5
Total100%30%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • Clean data, estimate and produce tables
  • Draft notes, briefs and a first paper
  • Choose model, assumptions and robustness
  • Present to a client, ministry or board
  • Debate, peer-review and defend the numbers
  • economista
  • economist

Sources for this job· O*NET 19-3011.00· ESCO/ISCO 2631

Financial advisor

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Profile risk, goals and loss capacity.
Estimate

No public source provides a precise figure. This is our estimate.

18%48%+8.6
Propose portfolios, funds and scenarios.
Estimate

No public source provides a precise figure. This is our estimate.

16%52%+8.3
Client meeting, objections and the yes or no.
Estimate

No public source provides a precise figure. This is our estimate.

18%18%+3.2
Periodic reports, rebalancing and basic tax.
Estimate

No public source provides a precise figure. This is our estimate.

16%28%+4.5
MiFID rules, suitability and trace of the advice.
Estimate

No public source provides a precise figure. This is our estimate.

16%22%+3.5
Sign-off, follow-up and liability for the advice.
Estimate

No public source provides a precise figure. This is our estimate.

16%12%+1.9
Total100%30%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • advise on investments
  • profile risk
  • build portfolios
  • rebalance funds
  • plan retirement
  • MiFID suitability
  • explain financial products
  • own the advice

Sources for this job· O*NET 13-2052.00· ESCO/ISCO 2412

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