Morgan Stanley gets metaphysical
If we wrote up every Morgan Stanley thematic report on artificial intelligence, we’d never have time to do anything else. The bank’s research department has been going full Shingy of late. Today’s thematic AI report from the team is about robots. It is 184 pages long. “Investors consistently ask us where the puck is going,” begins a foreword by Edward Stanley, MS’s head of thematic research, who may have misheard. “The puck is already on a trajectory toward embodied AI.
There’s a page extrapolating Musk’s prediction of 1bn humanoid robots in the workforce by 2040s and a nod at companies other than Tesla to have robot labs. Then it’s back to the Jonasisms : We’re still in the executive summary, to be clear. This is page eight of 184. It goes on: Uh, OK? Absolutely not.
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