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Young Adults Express Growing Concern Over AI's Future

Created at 19 Aug · 9:11 AM1 source↑ Market-relevant
IN SHORT

A recent Pew Research Center survey indicates a shift in sentiment among young adults regarding artificial intelligence. For the first time since 2021, a majority of those under 30 report being more concerned than excited about AI, signaling potential challenges for companies betting on an AI-native generation.

Key Numbers

71%Americans who say AI will lead to fewer jobs
17Companies citing AI in layoff decisions
+/- 1.8Percentage point margin of error for the full sample

Who's Involved

Pew Research Center
Conducted the survey on AI sentiment among U.S. adults
Steve Huffman
Reddit CEO who commented on hiring AI-native new graduates
Sam Altman
OpenAI CEO who has expressed less fear over widespread AI job displacement
Young Adults Express Growing Concern Over AI's Future

↳ Why This Matters

The growing concern among young adults about AI, particularly regarding job displacement, challenges the assumption that this demographic will readily embrace and drive AI adoption, potentially impacting future workforce dynamics and the pace of AI integration across industries.

Key facts

  • A majority of U.S. adults under 30 are now more concerned than excited about AI, according to a Pew Research Center survey.
  • This is the first time since 2021 that this demographic has shown a majority leaning towards concern over excitement regarding AI.
  • Overall public concern about AI's impact on jobs has also increased, with 71% of Americans believing AI will lead to fewer jobs.
  • Despite studies suggesting limited AI-driven job displacement, 17 companies have cited AI as a factor in recent layoffs.
  • A significant portion of young adults in the U.S. are expressing growing apprehension about the future of artificial intelligence, according to recent findings from the Pew Research Center. The survey reveals that for the first time since the center began asking the question in 2021, a majority of adults under 30 are more concerned than excited about AI's development and integration.

    This sentiment shift among the demographic often considered 'AI-native' could complicate the strategies of leading companies that have been banking on younger employees' familiarity with AI tools. Executives from companies like Figma and Reddit have previously highlighted the advantages of hiring recent graduates who have grown up alongside AI, believing they possess a natural understanding of these technologies.

    Furthermore, broader public concern regarding AI's impact on employment appears to be intensifying. The survey indicates that 71% of Americans now believe AI will result in fewer jobs, an increase from 64% two years prior. While some studies, including one from Stanford researchers, have found little evidence of widespread AI-driven job displacement, and figures like OpenAI CEO Sam Altman have downplayed such fears, the perception of job loss persists.

    Adding to this concern, Business Insider has identified 17 companies, including major tech firms like Oracle, Cisco, IBM, and Uber, that have explicitly cited AI as a contributing factor in their recent layoff decisions. The Pew Research Center's data is derived from its American Trends Panel, a representative sample of U.S. adults surveyed between June 22 and June 28.

    Frequently asked questions

    The survey found that for the first time since 2021, a majority of U.S. adults under 30 are more concerned than excited about AI.

    This is the first time a majority of young adults have reported being 'more concerned than excited' about AI since Pew began asking the question in 2021.

    More Americans (71%) now believe AI will lead to 'fewer jobs' compared to two years ago (64%).

    Yes, Business Insider has identified 17 companies that have cited AI as a factor in their layoff decisions.

    What Happens Next

    01Further research may explore the specific reasons behind young adults' increasing concern about AI.
    02Companies may need to adjust their strategies for integrating AI and managing workforce transitions.
    03Ongoing studies will continue to track AI's actual impact on the job market.

    How It Developed

    A Pew Research Center survey found that a majority of adults under 30 are more concerned than excited about AI.
    This marks the first time since 2021 that young adults have expressed a majority concern over excitement regarding AI.
    The survey also indicated an increase in overall public concern about AI's impact on jobs.
    Companies are citing AI as a reason for layoffs, despite some studies suggesting minimal AI-related job displacement.

    Sources

    T1
    One chart shows a big warning sign for the future of AIBusiness Insider

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