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Automation Risk Analysis

Will “Social 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%

“Social 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%

“Social 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

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

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

  • Teach theories, principles, and methods of economics.

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

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

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

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

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

  • Supervise research projects and students' study projects.

  • Review documents written by others.

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

  • 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.

  • Explain economic impact of policies to the public.

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

Technologies & Software

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