Type of Job:

White collar
Generative AI will change white-collar jobs by automating tasks or enhancing work. Highly educated roles may face the biggest impact, while blue-collar jobs may see more demand and higher pay.

What Constitutes Artificial intelligence (AI)?

Artificial Intelligence (AI) is a technology that allows systems, whether software or machine-based, to autonomously make predictions, recommendations, or decisions that impact both real and virtual environments without the need for constant human guidance or intervention.

Sources

Author:

Juan D. Montoya

Juan D. Montoya

Economist and AI researcher.

Will Financial and Investment Analysts be replaced by AI & Robots?

Financial and Investment Analysts risk of being automated:

High

This job is highly likely to be substantially automated within the next 20 years, placing it in the upper quartile for automation probability among occupations.

Current Degree of Automation:

45
(1-100)

Source

Key findings

In the future, GenAI is poised to revolutionize the role of Financial and Investment Analysts.

It will automate number crunching, market analysis, and predictive modeling, improving accuracy and efficiency.

GenAI can assist in coding, debugging, and system optimization, freeing up analysts for strategic decision-making.

It streamlines administrative tasks like data entry and scheduling, enhancing productivity.

GenAI’s ability to generate text and multimedia content will aid in research and report creation.

It will also enhance systems evaluation and critical thinking skills, leading to more informed investment strategies.

As GenAI continues to evolve, analysts must adapt by honing their data literacy and embracing continuous learning to leverage its full potential.

How could AI or automation replace or complement job activities?

AI, automation, or LLMs could be used to automate activities like digital data processing, information ordering, and number facility in the job of analyzing financial data and trends.

These technologies could assist in developing financial models, monitoring investment performance, and preparing reports.

For instance, AI algorithms can quickly process vast amounts of data to identify trends and patterns, enhancing the efficiency of financial analysis.

Job description

Analyzing investment programs and financial data from public or private institutions, including business valuations, is a key task for this role.

Consequence of Making Errors

55

(1-100)

Moderately serious Source
The consequence of errors in finance jobs like analysts is less relevant for automation; focus is on tasks, not error impact.

How Repetitive is the Job?

65

(1-100)

Important Source
Jobs like Financial and Investment Analysts often involve repetitive tasks, making them more vulnerable to automation. However, automation usually targets specific tasks, not entire roles, suggesting a future where analysts focus on complex decision-making while machines handle routine analysis.
Average Anual salary USD$
$108,790
Number of profesionals in USA
395,000

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Do you think Financial and Investment Analysts will be replaced by AI?

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