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
|5 min read

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.

Explore more

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

Discover stories from this section and more in the list of contents

Explore the edition
illustration of a map of Africa with a large pixelated cursor pointing at Zambia, which is highlighted in yellow

Want to be a good explorer? Study economics

The battle to reduce risk has shaped centuries of ventures

Illustration of a hand pushing a jagged black arrow upward against a red background. The Jane Street logo appears to be rolling down the arrow in the opposite direction.

Jane Street is chucked out of India. Other firms should be nervous

Around the world, marketmakers now face extra scrutiny


A man looks at an advertisement for the Nippon Individual Savings Account (NISA) displayed at a branch of Nomura Securities Co., a unit of Nomura Holdings Inc., in the Kichijoji area of Tokyo, Japan.

Japan has been hit by investing fever

Will old folk catch the bug?


Don’t invest through the rearview mirror

Markets are supposed to look forward; plenty of investors look back instead

Trump’s trade deals try a creative way to hobble China

To appease the world’s biggest market, countries must anger the world’s biggest trader

The great dealmaker is conspicuously short of trade deals

Donald Trump issues threats—and grants deadline extensions