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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Morgan Stanley forecasts a major AI breakthrough by 2026, driven by scaling laws. The bank warns that most of the world is not yet prepared for the economic and technical implications of this breakthrough. Meanwhile, major companies like OpenAI and Nvidia continue their massive investments in AI, while firms like JPMorgan and HSBC face challenges due to AI-related fears and its impact on the job market.