

Americans are increasingly concerned about AI amid the cost-of-living crisis – poll.
Nearly 80% fear the government has no plan as tech firms cut workers while pocketing the profits from automation
Americans increasingly view artificial intelligence as an extreme threat to their livelihoods. They believe the government should prioritise protecting workers over maximising profits in the tech industry.
This is according to polling data published by Blue Rose Research has been indicated.
The survey, conducted earlier this month with 2,716 respondents, found that 61% say their lives have become less affordable over the past year

Only 25% feel confident about their financial future. Some 64% said ’things in America are rigged for the elite.’
Anxiety about AI has surged faster than any other issue over the past year, according to the poll, with 57% saying the technology is advancing ’too fast’
And 79% are concerned that the government has no plan to protect workers from job losses.
For many, the fears have shifted from a personal concern to a societal risk, with 79% worrying that young people entering the workforce will find fewer opportunities due to AI
No less than 77% fearing that entire industries will be eliminated faster than new ones can be created.

Meanwhile, 58% of respondents demanded the government prioritize helping workers who have lost jobs to AI. This demand exists even if it limits tech company profits.
Just 20% support prioritizing innovation if it eliminates US jobs. More than half said tech companies should be held financially responsible for the jobs AI eliminates.
The polling comes as total layoff announcements in the US reached nearly 1.2 million last year, the highest annual total since 2020.
AI and automation were cited as the direct reason in thousands of cases. This includes major companies such as Amazon, Walmart, Microsoft, Alphabet, Intel, and UPS.

Last year, US Senator Bernie Sanders predicted that nearly 100 million jobs could be wiped out in the US. This would occur due to artificial intelligence over the next decade. Both white- and blue-collar professions will be affected.
Sanders has argued that the technology is being leveraged primarily to increase corporate profits and concentrate wealth.
They cite executives who have announced significant investments in automation concurrently with mass layoffs and other cost-cutting measures.
BREAKING: The UK’s largest bank, HSBC, is cutting up to 20,000 jobs over the coming years. This is part of a major push to integrate artificial intelligence into its operations. Bloomberg reported this on Thursday.

The potential reductions would represent about 10% of the bank’s global workforce. The London-based bank employed approximately 210,000 people at the end of 2025.
Non-client-facing roles in global service centers are expected to be most impacted. This is particularly true for middle- and back-office functions that could be automated.
A spokesperson for HSBC has declined to comment on the report.

THANK YOU FOR SHARING OUR STORIES ON SOCIAL MEDIA. TELL OUR READERS WHAT YOU THINK

CLICK PICTURE TO GO FROM BURN OUT TO CHILL OUT WITH A GOOD BOOK https://michaelwalshbooks.wordpress.com/

Categories: Business Advice Centre

















