Finance & economics | Free exchange

The danger of relying on OpenAI’s Deep Research

Economists are in raptures, but they should be careful

A divination ball with AI written on it and hands around it.
Illustration: Álvaro Bernis

In early February Openai, the world’s most famous artificial-intelligence firm, released Deep Research, which is “designed to perform in-depth, multi-step research”. With a few strokes of a keyboard, the tool can produce a paper on any topic in minutes. Many academics love it. “Asking OpenAI’s Deep Research about topics I am writing papers on has been incredibly fruitful,” said Ethan Mollick of the University of Pennsylvania. Some economists go further. “I am *sure* for B-level journals, you can publish papers you ‘wrote’ in a day”, said Kevin Bryan of the University of Toronto. “I think of the quality as comparable to having a good PhD-level research assistant, and sending that person away with a task for a week or two,” said Tyler Cowen of George Mason University, an economist with cult-like status in Silicon Valley.

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This article appeared in the Finance & economics section of the print edition under the headline “Often helpful, sometimes bad, always dangerous”

From the February 15th 2025 edition

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