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

Trader

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
Book, liquidity and the ticket.
Estimate

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

18%48%+8.6
Execute, slippage and the one who panics.
Estimate

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

16%40%+6.4
Limits, risk and not blowing them.
Estimate

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

16%22%+3.5
Close, P&L and not hiding the loss.
Estimate

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

16%28%+4.5
The rumour, the news and not chasing.
Estimate

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

18%14%+2.5
Execute clean, and not blowing the price.
Estimate

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

16%12%+1.9
Total100%27%

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

Skills and activities

  • order book
  • slippage
  • risk limits
  • P&L
  • liquidity
  • tickets
  • the close
  • news

Sources for this job· O*NET 41-3031.00· ESCO/ISCO 3311

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