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Automation Risk Analysis

Will “Forensic Economist” be Automated?

Historical Context: Oxford Study (2013)

Ranked #282 of 702. Estimated risk: 43.0%

Directly assessed by researchers as unlikely to be automatable
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AI Exposure Risk

63%

“Forensic Economist” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 63% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

15%

“Forensic Economist” will almost certainly not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 15% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Economists, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Avg. Annual Salary $130,910
Avg. Hourly Wage $62.94
Available Jobs (US) 15,880
Job Title & Hierarchy Code (SOC) Economists #19-3011
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Economists”

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Core Skills & Abilities

  • Testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy, and present recommendations based on cost-benefit analyses.

  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

  • Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

  • Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.

  • Explain economic impact of policies to the public.

  • Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.

  • Supervise research projects and students' study projects.

  • Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.

  • Teach theories, principles, and methods of economics.

  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

  • Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.

  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

  • Review documents written by others.

Technologies & Software

  • IBM Lotus 1-2-3
  • Microsoft Visual C# .NET
  • MacKichan Software Scientific Notebook
  • DeepSeek
  • Structured query language SQL
  • Scite AI
  • MySQL
  • Microsoft PowerPoint
  • StataCorp Stata
  • Semantic Scholar AI
  • Consensus
  • ChatGPT (OpenAI)
  • Microsoft Internet Explorer
  • Corel WordPerfect Office Suite
  • Llama (Meta)
  • Wolfram Research Mathematica
  • Microsoft Power BI
  • Microsoft Excel
  • Mistral (Mistral AI)
  • Mozilla Firefox
  • NotebookLM (Google)
  • Mathsoft Mathcad
  • IBM SPSS Statistics
  • Estima Regression Analysis of Time Series RATS
  • UNIX
  • Timberlake Consultants OxMetrics
  • Estimates Delivery System EDS
  • Web browser software
  • Microsoft Visual Basic for Applications VBA
  • Microsoft Access
  • SAS
  • C++
  • Gemini (Google)
  • Perplexity AI
  • Microsoft SQL Server
  • Maplesoft Maple
  • Global Insight AREMOS
  • Palisade @Risk
  • Microsoft Outlook
  • Teradata Database
  • Claude (Anthropic)
  • Qwen (Alibaba)
  • The MathWorks MATLAB
  • Mistral AI (chat/models)
  • UNIX Shell
  • Microsoft Office software
  • LaTeX
  • Quantitative Micro Software EViews
  • Minitab
  • Econometric Software LIMDEP
  • Kimi (Moonshot AI)
  • R
  • Tableau
  • Oracle Java
  • TreeAge Software TreeAge Pro
  • Formula translation/translator FORTRAN
  • Grok (xAI)
  • Nova (Amazon)
  • Corel QuattroPro
  • Aptech Systems GAUSS
  • Microsoft Visual Basic
  • Elicit
  • ESRI ArcView
  • MediaWiki
  • Camfit Data Limited Microfit
  • Gemini for Workspace
  • Python
  • Insightful S-PLUS
  • Statistical software
  • Microsoft Word
  • 10-key calculators
  • Desktop computers
  • Laptop computers
  • Maintrame computers
  • Personal computers
  • Data scanners