AXIOS (Madison Mills) - AI backlash becomes a real business risk
If AI were a candidate for political office, it would be losing in a landslide. Why it matters: The AI hype cycle would have you believe the technology is inevitable. But AI backlash is growing, as people worry it will steal their jobs, jack up electricity rates and further enrich the wealthy, all while hurting the environment. State of play: A commencement address went viral this week after Florida real estate executive Gloria Caulfield said "artificial intelligence is the next Industrial Revolution," sparking a chorus of boos from the crowd. - The speaker could have avoided the jeers had she checked the latest polls: Only 18% of young people ages 14 to 29 say they feel hopeful about AI, according to a recent Gallup survey. - The…
If AI were a candidate for political office, it would be losing in a landslide. Why it matters: The AI hype cycle would have you believe the technology is inevitable. But AI backlash is growing, as people worry it will steal their jobs, jack up electricity rates and further enrich the wealthy, all while hurting the environment. State of play: A commencement address went viral this week after Florida real estate executive Gloria Caulfield said "artificial intelligence is the next Industrial Revolution," sparking a chorus of boos from the crowd. - The speaker could have avoided the jeers had she checked the latest polls: Only 18% of young people ages 14 to 29 say they feel hopeful about AI, according to a recent Gallup survey. - The…Open