No Result
View All Result
  • Login
Saturday, July 25, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Money

53% of Americans Fear AI Could Take Their Jobs, Poll Finds

by theadvisertimes.com
1 month ago
in Money
Reading Time: 2 mins read
A A
0
53% of Americans Fear AI Could Take Their Jobs, Poll Finds
Share on FacebookShare on TwitterShare on LInkedIn


More than half of Americans — 53% — fear artificial intelligence could cost them or someone in their household a job, a new Reuters/Ipsos poll finds.

The findings come as companies ramp up AI investments while trimming their workforces, fueling concern across demographics. Anxiety about job losses was consistent across age, gender and education levels, though Democrats were more likely than Republicans to express concern.

The six-day poll of 4,531 U.S. adults nationwide followed a wave of AI-related job cuts by major companies. Software firm Intuit told staff last month it would lay off 17% of its global workforce to streamline operations and sharpen focus on its key bets including its AI efforts.

An April Challenger, Gray & Christmas report found U.S. employers announced 60,620 layoffs in March and AI adoption was the primary reason behind a quarter of the cuts.

Last year, Klarna CEO Sebastian Siemiatkowski told CNBC the Swedish fintech company reduced its workforce by 40% while Ford CEO Jim Farley said AI will “replace literally half of all white-collar workers in the U.S.”

Jennifer Schalhoub, a 62-year-old freelance writer in Little Ferry, New Jersey, told Reuters she recently lost her job writing letters to government officials to advocate for specific policies, a loss that she suspects the rise of AI had a role in.

“AI is taking over because people care less and less about the quality of the work that gets produced,” Schalhoub said.

AI Faces Cultural Backlash

Artificial Intelligence technology has faced backlash and its potential use as a tool of political propaganda, in entertainment and even warfare has prompted warnings by elected leaders and even Pope Leo XIV.

On May 25, the Catholic Church published Leo’s encyclicals where he said that what is needed for AI “is a more active political involvement that is capable of slowing things down when everything is accelerating.”

University of Arizona students booed Eric Schmidt last month when the former Google CEO discussed AI’s impact at a graduation ceremony.

The backlash comes as young job seekers are having a hard time obtaining entry-level jobs.

A Cengage Group survey found 76% of employers reported hiring for fewer or the same number of entry-level roles in 2025, up from 69% in 2024. A Federal Reserve Bank of New York study found 42% of recent college graduates are “underemployed,” the highest level since 2020, meaning they are working jobs that don’t typically require a college degree.

While AI is not the only factor in tightened hiring, Peter Watkins, senior director of university programs at the CFA Institute, previously told USA TODAY that the technology is playing a role.

“If firms are looking to make resource reductions, AI starts to become a solution for that, whereas in another economic climate, they’d probably be using it more in terms of innovation and growth,” Watkins said.

Contributing: Reuters



Source link

Tags: AmericansfearFindsJobsPoll
ShareTweetShare
Previous Post

SEC to RIAs: You also have to worry about cash sweeps

Next Post

AI Won’t Close Your Deals…But It Will Free Your Sellers to Do It Better

Related Posts

Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

by theadvisertimes.com
July 24, 2026
0

Grocery bills don’t stop rising just because you’ve retired. For many Georgia seniors living on Social Security or a pension,...

Why Your Pharmacy Can Charge Two Different Prices for the Same Prescription on the Same Day

Why Your Pharmacy Can Charge Two Different Prices for the Same Prescription on the Same Day

by theadvisertimes.com
July 24, 2026
0

You arrive at the pharmacy expecting to pay your usual $18 copay. Instead, the cashier tells you the prescription will...

Newly employed? Know your tax deductions  

Newly employed? Know your tax deductions  

by theadvisertimes.com
July 23, 2026
0

Most new employees can benefit from an onboarding process that includes information about claiming reimbursements for out-of-pocket expenses, pension contributions,...

Stock news for investors: Rogers posts loss, Teck profit surges

Stock news for investors: Rogers posts loss, Teck profit surges

by theadvisertimes.com
July 23, 2026
0

The company says the net loss attributable to shareholders amounted to $726 million or $1.37 per diluted share for the...

What every American should know before buying a home in Canada

What every American should know before buying a home in Canada

by theadvisertimes.com
July 23, 2026
0

A case study: When the principal residence exemption isn’t enough Take London and Ava. London grew up in St. Louis...

Money and the price of indecision

Money and the price of indecision

by theadvisertimes.com
July 23, 2026
0

The experience was exceptional. They patiently answered every question I had, explained a system I barely understood, and made me...

Next Post
AI Won’t Close Your Deals…But It Will Free Your Sellers to Do It Better

AI Won't Close Your Deals…But It Will Free Your Sellers to Do It Better

Analysts Bullish on Sandisk (SNDK), Here’s Why

Analysts Bullish on Sandisk (SNDK), Here’s Why

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
Weekend Reading For Financial Planners (June 27–28)

Weekend Reading For Financial Planners (June 27–28)

June 26, 2026
Thank Data Centers for America’s Blue-Collar Boom

Thank Data Centers for America’s Blue-Collar Boom

0
It Is IMPOSSIBLE To Avoid Government Surveillance Stalking

It Is IMPOSSIBLE To Avoid Government Surveillance Stalking

0
Shortsighted stock market can no longer brush off war, investors say

Shortsighted stock market can no longer brush off war, investors say

0
XRPL Lending Specs Move Forward As Developers Refine XLS-66

XRPL Lending Specs Move Forward As Developers Refine XLS-66

0
Uniti AI Raises M to Put AI Agents in Every Corner of Property Operations – AlleyWatch

Uniti AI Raises $12M to Put AI Agents in Every Corner of Property Operations – AlleyWatch

0
Best Partner Enablement Tools for Global Channel Success in 2026

Best Partner Enablement Tools for Global Channel Success in 2026

0
It Is IMPOSSIBLE To Avoid Government Surveillance Stalking

It Is IMPOSSIBLE To Avoid Government Surveillance Stalking

July 25, 2026
Best Partner Enablement Tools for Global Channel Success in 2026

Best Partner Enablement Tools for Global Channel Success in 2026

July 24, 2026
Why young Americans aren’t relying on homes to build wealth

Why young Americans aren’t relying on homes to build wealth

July 24, 2026
Pi Network Price Slips 10% ahead of Token Unlock: Is More Selling Ahead?

Pi Network Price Slips 10% ahead of Token Unlock: Is More Selling Ahead?

July 24, 2026
Strategy now publishes the Bitcoin return threshold below which it may have to restructure

Strategy now publishes the Bitcoin return threshold below which it may have to restructure

July 24, 2026
Nearly 150,000 California mail ballots rejected in June primary thanks to late-arriving ballots

Nearly 150,000 California mail ballots rejected in June primary thanks to late-arriving ballots

July 24, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • It Is IMPOSSIBLE To Avoid Government Surveillance Stalking
  • Best Partner Enablement Tools for Global Channel Success in 2026
  • Why young Americans aren’t relying on homes to build wealth
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.