New Delhi, Sept. 19 -- A Morgan Stanley Research analysis suggests that 90pc of occupations will be affected by AI (Artificial Intelligence) to some degree. AI is a force that could elevate labour markets and boost company valuations, not just replace human workers, it said.
"Full AI adoption across S&P 500 companies could add up to an annual net benefit of USD 920 billion. 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, or 24 pc to 29pc from the current level," said the Morgan Stanley Research.
On the forecast results in Morgan Stanley report, Stephen Byrd, Morgan Stanley's global head of thematic research and sustainability research said: "It would likel...