
Artificial intelligence may be reshaping industries, but it is not yet ready to replace stock market analysts, according to Erlan Abdikarimov, head of research at Freedom Finance Global.
«The stock market is too complex to hand over entirely to algorithms,» Abdikarimov said.
He explained that effective use of AI requires high-quality training data, clearly defined goals and continuous feedback.
«The stock market is not a physical object that can simply be modeled,» he added. «It is driven by human emotions and is reflexive: participants’ decisions directly alter the market itself.»
AI already assists analysts with routine tasks such as reviewing earnings reports and compiling data summaries. But Abdikarimov cautioned that it is too early to trust machines with managing large-scale investment portfolios.
«Clients want to see specialists actively involved, not just the work of a machine,» he said.
Looking ahead, Abdikarimov predicted that technology could shift the profession rather than eliminate it.
Future analyst teams may use networks of AI agents to generate and test investment hypotheses. At the same time, he said, automation may reduce demand for junior staff, while seasoned analysts will remain essential.