Morgan Stanley's Jonas: Physical AI Could Multiply Global GDP

Morgan Stanley's Adam Jonas said the convergence of AI and robotics could transform the global economy and potentially multiply GDP as physical AI spreads across transportation, manufacturing and daily life. He noted the robotics race is inseparable from rebuilding US manufacturing, with China holding an advantage in key supply chains, while Tesla and SpaceX could play complementary roles.

• Jonas: physical AI could multiply global GDP
• China holds an edge in key robotics supply chains
• Tesla and SpaceX seen as complementary players
• Billions of robots will run AI inference at the edge