AI Technology’s Potential: $13-16 Trillion Impact on S&P 500 Market Value

A new report by Morgan Stanley, as per PANews, predicts significant growth in the S&P 500 market value due to advancements in artificial intelligence (AI). The report estimates a potential increase of between $13 and $16 trillion, with a maximum growth rate of 29%. The development of autonomous AI systems and humanoid robots is anticipated to improve productivity and impact nearly all jobs. This necessitates workforce skills adaptation, as industries such as consumer goods, retail, real estate, and transportation are expected to benefit most from these technological advancements.