The MIT team developed the Iceberg Index by creating a digital representation of 151 million American workers across 923 occupations and 3,000 counties.

According to the MIT Iceberg Index study, AI can technically perform work accounting for approximately 2.2% of the total US labor market wage value, which is about $211 billion, within the tech sector.

The Iceberg Index measures how much of the wage value inside each job AI can technically perform, rather than predicting job losses.