Market Watch (August 19)
“Gen Z used to embrace AI. Now most young adults fear it will steal their jobs.” A recent Pew Research Center poll “found 55% of U.S. adults under 30 are more concerned than excited about AI, up from 39% in 2024.” Nearly three quarters of Gen Z respondents “believe AI will lead to fewer jobs over the next two decades.” They also cited concerns about the threats AI poses to creativity, connection and society itself.
Tags: AI, Concerned, Connection, Creativity, Embrace, Excited, Fear, Gen Z, Jobs, Pew Research, Poll, Respondents, Threats, Young adults
Axios (October 15)
“More people are concerned than excited about the rise of AI in daily life, with Americans topping the global worry list, per a new global report from Pew Research Center.” Some countries, like South Korea and India were relatively excited about AI with less than 20% of respondents saying they were “more concerned than excited.” In contrast, the majority of U.S. respondents were more concerned about Ai than excited, a level of anxiety only matched by Italy. This “public concern over AI could shape how quickly the tools are adopted, and could upend workplaces if employees aren’t comfortable with the changes.”
Tags: Anxiety, Aopted, Concerned, Daily life, Employees, Excited, India, Italy, Pew, Respondents, Rise of AI, South Korea, U.S., Workplaces, Worry
Investment Week (July 17)
“BlackRock teams are ‘very concerned’ with capturing the tone of US President Donald Trump’s policy stance, to the extent that the asset management giant has spent time tracking the president’s use of capital letters in his social media.” For a while, they found the ratio of upper to lower case letters was a good indicator of the President’s tone, but their approach has been stymied because he now “writes everything in capitals.”
Tags: Asset management, BlackRock, Capital letters, Concerned, Indicator, Policy stance, President, Social media, Stymied, Tone, Tracking, Trump, U.S.
Wall Street Journal (May 23)
“Treasury auctions are like the plumbing of a toilet: You only pay attention when something goes wrong. A weak auction drove a market selloff on Wednesday for the first time since late 2023. There are good reasons to be concerned about overspill.” Investors are “demanding a higher yield for the risks—and it is a bad sign.”
Tags: 2023, Bad sign, Concerned, Demanding, Higher yield, Market selloff, Overspill, Plumbing, Risks, Treasury auctions, Weak
