More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners.
According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the elimination of jobs, making it harder for people to afford homes. Half as many people (30%) have a different opinion and believe AI will help boost the US economy and help more people afford homes.
When measured along partisan lines, a little over three in five (63%) Democrats said advances in AI will eliminate jobs and make it harder to afford homes, while just under three in five (57%) Republicans shared that opinion.
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Still, AI fears were lower than concerns over tariffs – Redfin also found nearly two-thirds (65%) of respondents believed tariffs will cause inflation and keep interest rates high, thus impacting homeownership.
Redfin’s survey was conducted by Ipsos last November and polled 4,000 US residents.
Photo courtesy of Easy-Peasy.ai
