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

Vishwadeep Khatri
in AI News & Two Lenses

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A Morgan Stanley report highlights AI's transformative potential, affecting 90% of occupations and potentially adding $13-$16 trillion to the S&P 500's market cap. Agentic and embodied AI could generate significant annual benefits. While some jobs may be automated, AI is expected to create new roles and drive demand for re-skilling, particularly in consumer staples, real estate, and transportation.

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