Researchers from MIT and Oak Ridge National Laboratory released the "Project Iceberg" report on November 27, 2025. It introduces the "Iceberg Index," a new metric showing that modern AI systems are technically capable of performing work tasks equivalent to 11.7% of the total US wage bill (approximately $1.2 trillion). The authors emphasize that "technical feasibility" does not mean immediate layoffs, but indicates the scale of potential labor market transformation. The index has already been adopted by some US states as a planning tool.
MIT "Project Iceberg" Report: AI Technically Ready to Perform 11.7% of US Work
