What Does the Public Think About AI?

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The public sentiment towards AI is mixed, with curiosity being the most common emotion, but negative feelings have increased by about 20% compared to the previous year [5][22][23] - Only 32% of Americans feel confident in explaining how modern AI models work, indicating a significant knowledge gap [5][30] - Awareness of AI tools like ChatGPT has nearly doubled, yet only 13% of Americans use LLM-based chatbots regularly [5][39] - The potential economic benefits of AI are recognized, with the IMF estimating a 1.5% productivity boost in advanced economies, but only 7% believe it will increase wages for workers [6][46] - Concerns about misinformation and job displacement are prevalent, with 71% worried about AI-generated content affecting elections [8][60] Summary by Sections Introduction and Summary - The report follows up on previous research, exploring public views on AI through extensive polling in the US and UK [4] Public Sentiment - Curiosity is the dominant emotion regarding AI, but negative emotions have increased [5][22][23] - 51% of Americans believe AI is developing faster than expected, a 20% increase from last year [19] Understanding of AI - Only 32% of Americans are confident in explaining AI models, reflecting a lack of understanding [5][30] Current Usage of AI - Awareness of AI tools is high, with significant growth in recognition of ChatGPT, yet regular usage remains low at 13% [5][39] Opportunities - AI is expected to be a major economic driver, with potential productivity increases, but skepticism exists regarding direct benefits to wages [6][46] Concerns - Misinformation is the top concern, with 71% worried about its impact on elections, and 46% unsure about detecting AI-generated content [8][60] Future Expectations - 55% believe AI will reach human-level intelligence by the end of the 2030s, consistent with previous polling [85] Policy Recommendations - Majority support for policies like clear labeling of AI content and legal liability for AI companies, but caution is advised in creating new regulations [98][99]