MIT Study Reveals AI Can Replace 11.7% of U.S. Workforce Worth $1.2 Trillion in Wages
Summary
MIT study finds artificial intelligence can already replace 11.7% of the U.S. workforce worth $1.2 trillion in wages, with routine jobs in HR, logistics, and office administration facing the highest risk as state governments scramble to develop AI workforce action plans.
Key Points
- MIT releases study showing artificial intelligence can already replace 11.7% of the U.S. workforce, representing $1.2 trillion in wages across finance, healthcare, and professional services
- Researchers use the Iceberg Index simulation tool to map AI's impact on 151 million workers across 923 occupations, revealing that routine functions in HR, logistics, and office administration face significant exposure beyond visible tech layoffs
- State governments including Tennessee, North Carolina, and Utah partner with MIT to validate the model and develop AI workforce action plans using county-specific data to guide policy decisions