Katy Huberty on Bloomberg discussing Thematics: Mapping AI’s Rate of Change

Summary

Morgan Stanley's Katy Huberty discusses the latest global AI mapping survey, highlighting that AI adoption is broadening beyond tech enablers into non-tech sectors like consumer, apparel, and autos. She notes that many software and services stocks with strong data moats were sold indiscriminately and present opportunities. The report also shows AI adopters achieving margin expansion double that of major market indices, indicating a regime shift.

• Morgan Stanley published its fifth global AI mapping survey, covering 3,600 stocks.
• The report identifies a shift from AI enabler leadership to broader adoption across all sectors.
• Software and services companies with data moats (credit, market data, systems of record) were oversold and offer opportunity.
• The biggest rate of change in AI exposure is now in non-tech categories: consumer, apparel, durable goods, autos.
• AI adopters are experiencing margin expansion double the S&P 500 and MSCI World Index.
• Katy Huberty emphasizes that AI's impact is increasingly reflected in cost efficiency and measurable ROI.
• Morgan Stanley has shifted some analysts from stock coverage to thematics like humanoids and AI.
• The 30-second segment is part of Bloomberg Tech's coverage of post-sell-off opportunities.