MIT found out that AI can already replace 11% of US workers
The Massachusetts Institute of Technology published a study that destroys illusions about the future of work. Artificial intelligence is already now capable of replacing 11% of the US workforce. That’s 1 trillion dollars in salaries per year.
The study was conducted using a labor market simulator called Iceberg Index, created by MIT and Oak Ridge National Laboratory. The system models 151 million American workers. Each as a separate agent with skills, tasks, profession and location.
The visible tip of the iceberg — these are layoffs and role changes in technologies, computing and information technologies. This is only 2.2% of the total impact on salaries, about 211 billion dollars.
But beneath the surface hides the real threat. 1 trillion dollars in salaries includes routine functions in human resources management, logistics, finance and office administration. Precisely those areas that are usually overlooked in automation forecasts.
The researchers emphasize that the index — this is not a prediction machine about when exactly jobs will disappear. This is a snapshot of what AI systems can already do today.
It turns out, everyone is looking at programmers and IT people. But the real blow will fall on accountants, logisticians and office workers.