MIT study warns AI could take over than 12% of US economy
In the US tech sector, AI can take over 2% of wage value from human workers. Less visible, however, is that AI can take over 12% of the value of ordinary office work.
This emerges from a study by MIT university in collaboration with Oak Ridge National Laboratory, a leading R&D lab.
The researchers are publishing the so‑called ‘Iceberg Index’, an index that maps the invisible, potential impact of AI across the full breadth of the US economy.
That parts of tech work done by humans can be taken over by machines speaks for itself. The visible overlap is 2.2% of work value, measured in terms of wages. The hidden index, however – regular office work – shows an overlap of 11.7%.
This latter group consists of tasks such as document processing, routine office work, analysis and data processing in the financial sector, legal research, bookkeeping, administrative tasks and planning in healthcare, and coordination and optimisation in the logistics sector.
States with an elevated risk include Ohio, Michigan, Tennessee and South Dakota.
The study points to an accelerating pace of change, faster than traditional planning cycles can keep up with. For example, the figures show a relative decline of thirteen per cent in early‑career employment (22–25 years) in AI‑sensitive occupations. Employers are favouring experienced roles over entry‑level positions.
In addition, the researchers see one hundred thousand jobs disappearing this year in a way directly linked to AI‑related restructuring.
“By the time changes show up in the statistics, policy responses may already be too late.”
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