[Morgan Stanley: AI Employment Substitution Effects Remain Limited but Increasingly Significant] Odaily Planet Daily News - Morgan Stanley economists stated in a report that the proportion of job replacements in the U.S. caused by AI remains relatively small, but this trend is becoming increasingly evident. By June 2026, the impact of AI substitution on the U.S. unemployment rate will be at most around 15 basis points, up from 10 basis points in December 2025. Signs of substitution remain most apparent among young workers. (Jin10)