Morgan Stanley: Artificial intelligence will change the employment structure rather than cause mass unemployment

BlockBeats News, February 26 — A recent research report from Morgan Stanley states that artificial intelligence will not lead to widespread permanent unemployment but will instead change the employment structure and create entirely new job roles.

The report references the history of technological changes over the past 150 years and suggests that technological advances from electrification to the internet, while transforming the labor market, have not replaced human labor. It is expected that emerging positions such as Chief AI Officer, AI Governance Expert, and hybrid roles across various industries will appear in the future.

However, some economists warn that, unlike in the past, AI automation of cognitive tasks may devalue human expertise, potentially causing corporate profit growth to become decoupled from employment growth. Currently, 30% of AI “adopter” companies report achieving quantifiable financial or productivity gains, a significant increase from 16% a year ago.