Tech Report: AI could add $16 trillion to S&P 500, Starlink outage, satellite launch

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Morgan Stanley says the S&P 500 could see as much as $16 trillion in added value as artificial intelligence boosts productivity.

(LILAMAX)- Morgan Stanley says the S&P 500 could see as much as $16 trillion in added value as artificial intelligence boosts productivity.

Strategists said agentic AI and humanoid robots could deliver major benefits for companies, while also impacting up to 90 percent of existing jobs. That could force many workers to upskill or shift careers. Still, AI is not taking over just yet. MIT’s State of AI in Business 2025 report found the technology is mostly replacing outsourced and offshore workers in the short term. While researchers estimate about 3 percent of jobs could be replaced soon, nearly 27 percent may eventually be replaced by AI in the longer term.

More than 80 percent of executives surveyed in tech and media—two sectors already feeling disruption—expect to scale back hiring over the next two years.

Meanwhile, Elon Musk’s SpaceX-owned Starlink experienced a brief outage in parts of the U.S., the second in about two weeks. The company has not commented but successfully launched another batch of satellites to expand its network.

And as AI reshapes the future of work, education experts say schools should be teaching students “soft skills” that machines can’t replicate. With many schools relying heavily on Chromebooks, experts warn that overdependence on screens could weaken essential skills kids need to thrive as adults.