Morgan Stanley: AI could add 16 trillion USD to the US stock market, impacting 90% of jobs

Morgan Stanley’s latest findings indicate that AI has the potential to significantly enhance the S&P 500’s market cap by approximately 13-16 trillion USD, representing a possible increase of up to 29%.

The impact of AI innovations, including autonomous systems, could affect around 90% of jobs currently held, signaling a crucial need for workforce skills upgrades, particularly in industries like consumer goods, retail, real estate, and transportation.

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