Morgan Stanley Interns' Perspectives on AI: Usage, Concerns, and Future Impact









Artificial intelligence is rapidly transforming various sectors, and a recent poll conducted among over 500 summer interns at Morgan Stanley provides compelling insights into how the next generation of financial professionals engages with this burgeoning technology. This comprehensive survey, marking its third year of including AI-related inquiries, delves into the interns' daily habits, preferred platforms, and their sentiments regarding AI's influence on the job market. The results highlight a clear trend: AI tools are not just a passing fad but are becoming integral to both their academic and personal lives, indicating a broader shift in how future workforces will operate.
The survey’s findings underscore a significant increase in AI adoption among these young professionals. Nearly all respondents, approximately 96%, reported using some form of AI, a notable jump from 75% just two years prior. The daily usage of AI tools has also seen a substantial rise, doubling from the previous year, with 35% of interns engaging with AI daily and an additional 42% using it several times a week. ChatGPT emerged as the dominant AI application, favored by 72% of interns for frequent use, far outstripping competitors like Claude, Gemini, and Copilot. Beyond work-related applications such as learning new concepts, summarizing texts, and coding assistance, interns also leverage AI for personal tasks, including seeking advice, planning travel, and even finding recipes, demonstrating the technology's versatile utility. However, alongside this enthusiastic adoption, concerns linger: over half of the interns expressed worry about AI's potential to displace jobs in the financial sector, and a considerable percentage were uneasy about the accuracy of AI-generated content and privacy implications of their personal data.
Looking ahead, the vast majority of these interns, about 78%, anticipate an increase in their personal AI usage, viewing the technology as a time-saving and user-friendly asset. This perspective reflects a forward-thinking embrace of innovation and efficiency, yet it is coupled with a realistic understanding of AI's challenges, particularly concerning data integrity and job security. The insights from this survey offer a valuable snapshot of how a crucial demographic, primarily Gen Z individuals under 21, perceives and interacts with AI, pointing towards a future where human-AI collaboration will be paramount. Their adaptable and discerning approach to technology signifies a dynamic shift in the professional landscape, emphasizing the need for continuous learning and ethical considerations in the age of artificial intelligence.