Quantifying The Re-Skilling Race

研报英文原文证据摘录

Quantifying The Re-Skilling Race

Foundation

July 28, 2026 11:11 PM GMT

Morgan Stanley & Co. LLCMGlobal IT Services | Latin America Cesar A Medina

Equity Analyst

Quantifying The Re-Skilling Race Cesar.Medina@morganstanley.comJames E Faucette +1 212 761-4911

James.Faucette@morganstanley.com +1 212 296-5771

We reviewed 6m job postings/resumes and found rising scarcity/ Morgan Stanley India Company Private Limited+

concentration in senior AI-building and deployment talent, but Gaurav Rateria

weakness in automatable roles. As enterprise tech needs change, EquityGaurav.Rateria@morganstanley.comAnalyst +91 22 6118-2237

IT services firms are adapting revenue/delivery models; we draw Morgan Stanley & Co. International plc+

lessons from the prior cloud transition. George W Webb

George.Webb@morganstanley.com +44 20 7425-2686

Key Takeaways

Morgan Stanley MUFG Securities Co., Ltd.+

AI is driving divergent trends with our demand proxy growing +100% YoY for Tetsuro Tsusaka, CFA

senior talent that creates intelligence, and ~50% for those that deploy it at scale; Equity Analyst

Tetsuro.Tsusaka@morganstanleymufg.com +81 3 6836-8412

Meanwhile, demand for junior talent at risk for automation is dropping -5% YoY, a

Morgan Stanley India Company Private Limited+

sharp contrast vs. the 12% demand growth for general developers; Sulabh Govila, CFA

Constrained supply: We identified ~130k senior AI engineers in the US, with 70% EquitySulabh.Govila@morganstanley.comAnalyst +91 22 6118-2249

concentrated in just three industries, creating widespread talent scarcity;

Morgan Stanley México, Casa de Bolsa, S.A. de C.V.+

During the 2014 cloud/hyperscaler transition, legacy business faltered, but early Ernesto Gonzalez

movers toward new revenue streams adapted/gained-share over a 4yr.