Morgan Stanley survey highlights interns’ use of prediction markets and AI

Morgan Stanley’s equity research team surveyed more than 500 North American summer interns, most of whom were 21 or younger, about habits, preferences and emerging technologies. More than a quarter said they had used prediction-market apps over the past year, with Kalshi and Polymarket the most common choices; 55% of users used multiple apps. The findings come as prediction markets face increased scrutiny and legal or regulatory action in several U.S. states. A separate national survey found that 21% of U.S. adults had used a prediction-market platform, rising to 37% among people ages 18 to 34. AI adoption also rose sharply, with 68% using AI tools daily, compared with 35% last year and 14% in 2024, while about 70% paid for AI subscriptions themselves, up from 52% the previous summer. At the same time, 61% worried AI could replace financial jobs and 74% feared job displacement in other industries. More than 60% were interested in using humanoid robots at home, including 10% who said they might become early adopters. The annual survey also tracks consumer preferences, including coffee, fitness and clothing choices, and has portrayed a cohort its authors called "more driven, ambitious, and engaged with the world than ever before," with On sneakers and burrito bowls among the profile’s associations.

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