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MIT study finds AI can already replace 11.7% of U.S. workforce (www.cnbc.com)

submitted 15 hours ago by cm0002@toast.ooo to c/usa@midwest.social

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Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the U.S. labor market, or as much as $1.2 trillion in wages across finance, health care and professional services.

The study was conducted using a labor simulation tool called the Iceberg Index, which was created by MIT and Oak Ridge National Laboratory. The index simulates how 151 million U.S. workers interact across the country and how they are affected by AI and corresponding policy

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[–] MagicShel@lemmy.zip 2 points 13 hours ago

I don't agree with your premise. However, I don't have a good argument against at hand.

There are intangible benefits to a person, and I feel like the number of roles where AI could perform well enough and mistakes don't cause customer satisfaction issues, regulatory compliance issues, or incur civil liability are vanishingly small. But could they be 10% of jobs? Even 5%? I don't think so.

I could see an argument that if you have a team of 10 people, AI could let you cut one and expect the other 9 to pick up the slack. But how many teams even have ten people on them? Because I don't think a team of 5 can lose one person and still be capable of the same work. I guess it might depend on the industry — I do have IT blinders on here.