Why it matters
When coding agents got good enough at the end of 2025, Morgan Stanley's roughly thirty person research group asked what would happen if agents ran the research, not just wrote the code. The result is AlphaLab, a multi agent system they built and open sourced.
My takeaway: Morgan Stanley's ALPHALAB: Multi-Agent Research Across Optimization Domains — Brendan Rappazzo is an agent-security signal. The practical read is that autonomy, memory, tool permissions, and third-party integrations are the control surface that needs threat modeling and monitoring.