Abstract visualization of workforce displacement through AI automation

Morgan Stanley's AI Conference Dropped the Pretense: 4% of Jobs Are Already Gone

When billionaires start worrying about their children’s job prospects, the rest of us should probably pay attention. “What will our kids do?” That’s the question Morgan Stanley analyst Adam Jonas — the bank’s first-ever “global embodied AI strategist” — says was the single most common thing investors asked at last week’s TMT Conference in San Francisco. Not revenue projections. Not competitive moats. What happens to the next generation of workers. ...

March 13, 2026 · 5 min · DBBS Tech