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

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…