The effect of conversational AI assistants on occupational skill requirements among management consultants: evidence from a two-way fixed-effects panel

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1. Introduction
This paper studies the labour-market impact of the technology described in the
title. We study how the adoption of conversational AI assistants affects occupational skill requirements among management consultants. Using a two-way fixed-effects panel covering the 2022–2023 period, we estimate the impact of access to conversational AI assistants on the outcome of interest. We find a statistically significant increase. The results are robust to alternative specifications and are concentrated among less-experienced workers. We discuss implications for how conversational AI assistants reshapes the tasks and skills that make up these jobs.

3. Data and design
Design: panel. The sample is drawn from administrative and survey
sources over the study window. Table 3 reports the main estimate.

4. Results
Main estimate (Table 3, column 4): the point estimate is 0.296
(standard error 0.041) [SEE PAGE 7]. Effect class:
positive. Heterogeneity analysis on page 9 shows the effect concentrates
among less-experienced workers.

6. Conclusion
We discuss how the technology reshapes the tasks and skills composing these jobs.
