Morgan Stanley: AI Could Add $16 Trillion to U.S. Stocks, with 90% of Jobs Potentially Impacted
According to ChainCatcher, a recent report from Morgan Stanley states that AI technology is expected to drive a market capitalization increase of 13 to 16 trillion USD for the S&P 500 Index, with a maximum growth rate of 29%. Autonomous decision-making AI and humanoid robots will boost productivity and could impact 90% of existing jobs, prompting workforce upskilling or transformation. The consumer goods, retail, real estate, and transportation sectors are expected to benefit the most.
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