A new report from Morgan Stanley says that AI technology could make the S&P 500 (a big U.S. stock index) much more valuable—by $13 to $16 trillion. That’s up to a 29% increase.
AI systems that can make decisions on their own and humanoid robots will make work faster and more productive. But this also means that about 90% of jobs will change, so workers will need new or upgraded skills.
Industries like consumer goods, retail, real estate, and transportation are expected to gain the most from AI progress.
