Ashley Capoot , CNBC; Tech backlash reaches fever pitch as AI angst collides with social media fears
"The rapid rise of artificial intelligence giants like OpenAI and Anthropic has exacerbated a deep malaise toward the tech sector, especially among people who have come to associate AI with job loss and now see outsized data centers rising up in their backyards. The last generation of technology, meanwhile, ushered in a cohort of social media apps that proved so addictive that Meta agreed to fork over up to $17 billion as part of a landmark settlement this week.
At a time of stubbornly high inflation that’s pushed consumer confidence to a seven-month low, Americans are looking up to see tech’s trillion-dollar companies getting bigger and more powerful, all while being led by some of the wealthiest people on the planet.
“If this technology takes off in the way that you see the CEOs of AI Labs talking about, we’re facing a significant impact to our economy, to people’s jobs, to their sense of agency,” Sarah Myers West, co-executive director of research firm AI Now Institute, told CNBC in an interview. “There are lots of members of the public that don’t want to see that vision roll out.”
More than half of Americans say they’re more concerned than excited about the growing use of AI in daily life, according to a recent report from the Pew Research Center. That’s up from 37% in 2021. And in a poll earlier this year, the Searchlight Institute found that the overwhelming majority of voters believe social media has a negative impact on society."
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