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Morgan Stanley hails rare ‘reindustrialization renaissance’ of AI economy—but it’s better for computers than humans
Yahoo Finance· 2026-02-23 17:03
The artificial intelligence revolution is rewriting the rules of the American economy, but rather than ushering in a golden age of consumer prosperity, it is sparking a massive, resource-heavy infrastructure boom that could leave the everyday worker behind. According to a newly released strategic report from Morgan Stanley Wealth Management, the market has entered a “gen-AI-capex-powered” era that represents a rare shift away from consumption-led growth and toward an investment-led “reindustrialization re ...