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

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