Will AI Take Over the Roles of Economists and Finance Experts?

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d4rkatl4sFull Member
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#1Sep 29, 2019, 03:51 AM
With algorithms getting smarter, are we really handing over economic decisions to machines? I mean, AI is popping up everywhere in financial markets, business forecasts, even policy simulations. Feels like economists and analysts might just end up supervising AI instead of actually making the calls themselves.
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shard_2013Full Member
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#2Sep 29, 2019, 08:19 AM
If AI can handle the work of financial analysts and economists, why not just replace them? Sure, some jobs will vanish, but new ones will pop up too. I don’t believe AI can fully replace these roles but rather assist them.
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cyberbitMember
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#3Sep 29, 2019, 10:05 AM
There's a disclaimer with some AIs saying you should always double-check key info because it can be wrong. So can we really trust AI for major economic decisions? Personally, I doubt it. We’ll always need experts to verify and make key choices.
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im_vectorSenior Member
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#4Sep 29, 2019, 12:58 PM
AI just can’t grasp emotions. And let’s be real, logic isn’t the only thing we use to predict outcomes with human behavior. AI should be a tool to make things easier, not a complete replacement.
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gang_2013Senior Member
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#5Sep 29, 2019, 02:21 PM
Let AI stick to what it’s good at and let humans handle what they do best. If we recognize this, then we won’t see AI as a threat to our jobs. Sure, AI can tackle basic financial analyses, but complex issues require human insight.
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nick2015Member
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#6Oct 1, 2019, 01:16 PM
Exactly! AI lacks feelings; they can’t experience like we do. Sure, AI can help economists speed up research and data management, but replacing them? Not happening.
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diamond_minerFull Member
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#7Oct 1, 2019, 04:57 PM
You guys make it sound like we’re on the brink of a sci-fi movie. AI isn’t magic; it’s built on past models and data. Sure, it can outperform humans in some areas, but it can’t fully replace us. Trust me, AI-written articles have a distinct flavor; you can always tell.
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LuckyDeg3nFull Member
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#8Oct 1, 2019, 09:10 PM
But like, on what scale are we talking about? In personal finance, AI’s quick advice might be great. But in academia or serious research, we still need seasoned economists and analysts to add depth to discussions.
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maxorbitMember
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#9Oct 2, 2019, 02:23 AM
True. I wouldn’t be shocked if economists start leaning on AI more, even letting it make decisions for them. It’s useful for those who monetize their analyses rather than just focusing on investment.
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chri551Full Member
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#10Oct 2, 2019, 07:53 AM
Humans with their critical thinking will never fade away. AI tech is here to stay, and it helps a lot of people in their jobs. We could end up being the ones giving commands to AI, fixing any mistakes they make.
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swiftstackFull Member
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#11Oct 2, 2019, 01:16 PM
Analyzing the economy involves insight, which AI can’t provide. Data is just a tool looking beyond it is a human skill. Our intuition can often predict things that algorithms miss.
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0xMinerNewbie
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#12Oct 2, 2019, 05:00 PM
I don’t really follow economists, but I doubt AI will replace them completely. Are they gonna adopt AI to enhance their work? Absolutely. But it'll never be a full takeover.
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#13Oct 2, 2019, 06:52 PM
AI could comprehend systems better, but predicting human behavior is a different story. The unpredictability of human actions messes up their accuracy. Imagine a world where everything is automated sounds cool but risky.
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0xHodlerMember
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#14Oct 2, 2019, 09:16 PM
You're hitting on a bigger issue here. AI doesn’t make economic decisions; it lacks an understanding of human motivation and regulation. Forget the hype about AI eliminating human roles in specialized tasks.
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planktonHero Member
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#15Oct 4, 2019, 10:34 PM
People still prefer solid data from real experts, especially university profs and statisticians. They rely on genuine surveys and case studies to shape their analyses in ways AI cannot replicate.
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#16Oct 5, 2019, 03:46 AM
AI is making strides, but we can’t just take its ideas at face value. It’s best to use AI for insights and then apply our own judgement. AI can’t think like we do.
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lynx1337Newbie
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#17Oct 5, 2019, 07:10 AM
AI can’t completely replace humans in any field; it lacks creativity and emotional intelligence. People will always value real human interactions over cold algorithms.
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it5_lynxMember
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#18Oct 5, 2019, 01:21 PM
True, AI is making financial analysis quicker and more precise. It might trim down the work of financial analysts, but human intelligence will always have its place.
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bl0ck_m4xiSenior Member
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#19Oct 7, 2019, 07:08 AM
Totally! AI is already doing a lot. I saw a video where an expert explained how AI can analyze finances and help make decisions. It’s pretty cool but still needs a human touch.
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la5eryesNewbie
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#20Oct 7, 2019, 10:59 AM
This is a two-way street. Sure, AI is taking over some tasks, especially data-heavy ones, but economics goes beyond just numbers. Understanding human behavior is key, and machines can’t do that fully. There will always be roles for both AI and humans.
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