The AI Impact Timeline: What to Expect
By 2029, roughly 55% of tasks for economists will be automated. AI platforms are driving this transformation through advanced analytics and predictive modeling. Routine data compilation, statistical analysis, econometric modeling, and report drafting are becoming increasingly automated, impacting various roles within the profession.
The initial wave of AI's impact will be felt by junior economists and research assistants conducting standard analyses, with potential displacement as early as 2026. These roles are most susceptible to automation due to the repetitive nature of their tasks.
As AI capabilities mature, mid-wave transformations will become more pronounced. While specific dates for mid-wave are not provided, the trend indicates a continued integration of AI into more complex economic analysis and forecasting.