Morgan Stanley Explains Why AI Disruption Will Unleash A Day Of Reckoning For Credit

By Vishwanath Tirupattur, head of North America fixed-income research at at Morgan Stanley

For much of 2025, markets debated whether AI was just hype or a technology that could transform the economy and markets in a meaningful way. We have entered 2026 with that debate firmly tilted against the 'hype' argument.