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AI could affect 90% of jobs but also boost market value by $16 trillion: Morgan Stanley

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Artificial intelligence is fast emerging as one of the most transformative forces in global business, with the potential to reshape labour markets and significantly increase corporate valuations.

According to a new Morgan Stanley Research report, AI adoption could affect 90% of occupations while unlocking trillions of dollars in economic value.

It stated, “AI Could Affect 90% of Occupations……In the long term, this potentially translates to a market cap increase of $13 trillion to $16 trillion for the S&P 500 alone”.

The report estimated that full…

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