MIT Report Claims 11.7% of U.S. Labor Can Be Replaced with Existing AI

Last week, Massachusetts Institute of Technology (MIT) published a study claiming that AI is already capable of replacing 11.7% of existing U.S. labor. It’s certainly the kind of eye-popping study guaranteed to get a lot of eyes on researchers’ work at a time of shaky faith in AI, as stockholders might want some reassurance that their AI investments are going to pan out.

The report on this research is called “The Iceberg Index: Measuring Skills-centered Exposure in the AI…