Morgan Stanley Report: AI to Reshape Jobs & Create Trillions in Wealth
- Some jobs may disappear, but new ones will emerge
- Major impact expected in retail, real estate, and transportation
- S&P 500 firms could gain $920 billion annually
Artificial Intelligence (AI) is set to bring massive changes to global businesses and the job market, according to a new report by Morgan Stanley. While AI adoption could generate trillions of dollars in economic benefits, it is expected to transform nearly 90% of existing jobs.
The study revealed that if S&P 500 companies fully embrace AI, they could see a net benefit of $920 billion annually. Out of this, around $490 billion would come from Agentic AI (decision-making software), while $430 billion would stem from Embodied AI (robots and humanoids). In the long run, AI could increase the total market value of the S&P 500 by $13–16 trillion.
On the future of jobs, the report highlighted that while some roles will be automated, AI will also create new categories of employment. Key industries expected to witness revolutionary changes include retail (supply chain optimization), real estate (robotic assistance), and transportation (autonomous delivery systems).
