AI could already displace 11.7% of the US workforce, MIT survey finds

AI savings are ramping up, and this could only be the beginning.
AI could replace jobs totaling $1.2 trillion in wages, the study finds. (Picture: Adobe)
The Massachusetts Institute of Technology has released a new report on a simulation of workforce roles that finds over ten per cent could be replaced by AI as it stands today, CNBC reports.

Not content with taking over 30% of coding work, this new survey simulates interactions between 151 million workers across the USA and how they are affected by AI.

The survey initially finds that role shifts in tech, computing and information technology amounts to 2.2% of wage expenditures, but when you add in support functions like human resources, logistics, finance and administration the number grows significantly.

The survey is not meant to predict exactly whose jobs will go, but to give a snapshot for policymakers about what AI already can do — today, not tomorrow.

The total number for this 11.7% workforce reduction is a reduced wage bill of $1.2 trillion.

Read more: get the full, detailed story on CNBC. See also: tag/work.