"Global Labor Shortage to Boost Tech Stocks to 50% of Market, Predicts Fundstrat"

Fundstrat's Tom Lee predicts that a global labor shortage of 80 million workers by 2030 will drive technology stocks to make up 50% of the S&P 500, up from the current 30%. Lee argues that AI will boost productivity and address the labor gap, leading companies to spend $3.2 trillion annually on AI tech. Nvidia, with its high-demand chips, is expected to benefit significantly from this trend. Historical precedents show similar tech stock surges during past labor shortages.