Type of Job:

White collar
Generative AI will change white-collar jobs by automating tasks, enhancing work, or transforming roles. Highly-paid jobs 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 Securities, Commodities, and Financial Services Sales Agents be replaced by AI & Robots?

Securities, Commodities, and Financial Services Sales Agents risk of being automated:

Low

This job has a low likelihood of substantial automation within the next 20 years, placing it in the lower quartile for automation probability among occupations.

Current Degree of Automation:

40
(1-100)

Source

Key findings

GenAI will revolutionize the role of Securities, Commodities, and Financial Services Sales Agents by streamlining tasks such as market analysis and predictive modeling.

While it won’t completely transform the job, it will enhance decision-making processes by efficiently summarizing information and improving user support through chatbots.

Sales agents will benefit from AI’s ability to handle routine tasks like data entry and scheduling, allowing them to focus on complex problem-solving and negotiation.

The future of this profession will see GenAI as a valuable tool for enhancing productivity and effectiveness.

How could AI or automation replace or complement job activities?

In the field of financial sales, AI, automation, or LLMs like ChatGPT could potentially enhance certain processes.

While these technologies may assist in analyzing market trends or suggesting strategies, the critical human touch in negotiating deals, understanding client needs, and building relationships remains irreplaceable.

For instance, in financial services sales, technology could streamline data analysis to identify potential opportunities, but the nuanced discussions with clients to tailor financial plans require human expertise.

Job description

Advises customers on buying and selling securities or commodities, and provides financial services to businesses and individuals. Offers guidance on stocks, bonds, mutual funds, commodities, and market conditions.

Consequence of Making Errors

58

(1-100)

Moderately serious Source
In finance, the moderate consequences of errors in sales roles don’t directly indicate automation potential in the coming years.

How Repetitive is the Job?

54

(1-100)

Important Source
Jobs like Securities, Commodities, and Financial Services Sales Agents face automation risks due to repetitive tasks. However, it's likely that only specific tasks will be automated, not entire roles.
Average Anual salary USD$
$100,740
Number of profesionals in USA
249,000

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Do you think Securities, Commodities, and Financial Services Sales Agents will be replaced by AI?

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