Rankings β†’ Will AI Replace…

Will AI Replace Economists?

48/100 β€” Elevated
SOC 19-3011

πŸ’‘ Economists have a composite risk score of 48/100 (Frey-Osborne probability: 43%, GenAI exposure: 95/100). With 15,880 workers in the US, this occupation faces moderate but manageable AI pressure. Full occupation profile β†’

🎯 The Verdict

Possible. Significant task automation is underway β€” workers should actively upskill.

With 15,880 workers and a median wage of $115K,economists represent a significant portion of the US workforce. Their GenAI exposure index is 95%, meaning a majority of their core tasks overlap with current generative AI capabilities.

Risk Score

48/100

Employment

15,880

Median Wage

$115K

GenAI Exposure

95%

⚠️ Top Risk Factors

1.

Generative AI producing marketing and creative copy

2.

Large language model automation of analysis tasks

3.

Machine learning models replacing manual hypothesis testing

4.

AI-powered research and literature review tools

πŸ›‘οΈ Tasks AI Can't Easily Replace

βœ“

Interpreting ambiguous results with domain expertise

βœ“

Ethical oversight of research involving human subjects

βœ“

Designing novel experiments and research methodologies

βœ“

Fieldwork in unstructured natural environments

πŸ”„ Career Transition Paths

Related occupations with lower AI risk and high skills overlap:

Dentists, All Other Specialists

55% skills overlap Β· $226K median wage

13/100

Political Scientists

76% skills overlap Β· $139K median wage

25/100

Social Scientists and Related Workers

74% skills overlap Β· $93K median wage

21/100

❓ Frequently Asked Questions

Will AI completely replace economists?

Possible. Significant task automation is underway β€” workers should actively upskill.

What is the AI risk score for economists?

Economists have a composite AI automation risk score of 48 out of 100, classified as "Elevated".

How many economists are there in the US?

There are approximately 15,880 economists employed in the United States.

What do economists earn?

The median annual wage for economists is $115K.

What skills should economists develop?

Focus on tasks AI can't easily replicate: interpreting ambiguous results with domain expertise, ethical oversight of research involving human subjects, designing novel experiments and research methodologies, fieldwork in unstructured natural environments. These human-centric skills will become more valuable as routine tasks are automated.