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Why a Morgan Stanley portfolio manager isn't fretting over viral concerns about a white-collar job wipeout

Michael Lawrence/Getty Images for Morgan Stanley

  • As companies move to lay off workers and shift to AI, panic is creeping in across industries.
  • But Andrew Slimmon of Morgan Stanley Investment Management isn't worried about AI disruption.
  • In his view, the rise of AI will create new jobs, just as the dot-com revolution did.

If you're worried about losing your job to AI in 2026, you're not alone, but one Wall Street exec thinks the panic isn't warranted.

Andrew Slimmon...

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