New Delhi, Sept. 18 -- 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 per cent of occupations while unlocking trillions of dollars in economic value.

It stated ,"AI Could Affect 90 per cent of Occupations......In the long term, this potentially translates to a market cap increase of USD 13 trillion to USD 16 trillion for the S&P 500 alone".

The report estimated that full AI adoption across S&P 500 companies could deliver an annual net benefit of USD 920 billion.

Of this, the report stated that USD 490 billion w...