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AI has fueled huge stock-market gains since 2022, but 68% of Americans say they’re uncomfortable with the technology. Analysts link the distrust to fears about automation, privacy, and cost of living as companies like Meta, Microsoft, and Amazon invest heavily while cutting jobs.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Artificial intelligence has powered massive gains in the stock market since late 2022,
00:07but most Americans remain uneasy with the technology, according to the Wall Street Journal.
00:13Surveys show 68% of respondents feel uncomfortable with AI,
00:17a reversal from attitudes toward computers and the internet during the 1990s tech boom.
00:22Economists say companies such as Meta, Microsoft, and Amazon continue to invest heavily in AI
00:28while also cutting jobs, fueling worker anxiety about automation.
00:32Consumer sentiment remains near record lows despite economic growth,
00:36and analysts noted that distrust of AI is tied to broader concerns about cost of living, privacy, and job security.
00:43Some experts compared public skepticism of AI to longstanding opposition
00:47to nuclear power that stalled reactor construction for decades.
00:51For all things money, visit Benzinga.com.
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