# Americans Increasingly Alarmed About Tech Industry’s Looming AI Bubble

> Source: <https://futurism.com/future-society/americans-alarmed-tech-industry-ai-bubble-market>
> Published: 2026-06-25 16:10:49+00:00

From coast to coast, the people of the United States are growing resentful of AI.

It’s not hard to see why: they’re constantly told the tech will [take their jobs](https://futurism.com/artificial-intelligence/ceo-ai-gen-z-unemployment) and leave them for broke, while the data centers used to train them [hike up their utility bills](https://futurism.com/artificial-intelligence/ai-data-centers-electricity-bills) and [belch horrid fumes](https://futurism.com/choking-fumes-elon-musk-ai-fortress) into their communities.

Then there’s the harrowing economics of AI, infinitely less tangible but impossible to ignore. With over [$1 trillion](https://www.npr.org/2026/06/23/nx-s1-5867633/ai-selloff-tech-stocks-bubble-nasdaq) shoveled into AI so far, it’s increasingly difficult not to wonder: was it a good idea for one of the world’s richest countries to go all-in on this stuff?

Evidently, the public isn’t so sure. A recent poll conducted by the [news platform Haystack News](https://www.haystack.tv/poll/6a2b6622d5ec968aff14fd58) found that the overwhelming majority of respondents are terrified about the threat of an AI bubble: the massive gap between AI spending and AI’s actual return on investment.

They’re not wrong to be concerned. While financial analysts have long warned that the AI bubble [could spell disaster](https://futurism.com/artificial-intelligence/venture-capitalist-ai-bubble-reset) for Wall Street and the tech industry overall, the mismatch between funds allocated and revenue generated has grown so large that some experts warn it could easily spark an [economic meltdown](https://www.thebignewsletter.com/p/what-would-it-look-like-if-the-ai).

As the polling shows, everyday Americans are keenly aware of any potential ripple effects, with 55 percent of the over 4,100 respondents saying they’re “very concerned” about a bubble in the AI industry. An additional 14.5 percent said they were “somewhat concerned,” while a piddling 9.4 percent were “not very concerned.”

Bearish observers of the AI industry may have gotten their first taste of things to come on Tuesday, as a [broad stock market scare](https://futurism.com/space/tech-stocks-collapsing-spacex) wiped nearly $1 trillion in market value off the books. That sell-off was fueled by falling shares in AI-heavy companies like Amazon, Nvidia, Tesla, Alphabet, and Intel. Even Elon Musk’s freshly-listed SpaceX briefly [dipped below its IPO price](https://futurism.com/space/spacex-stock-fallen-below-opening-price) of $150.

Whether tech stocks continue to plummet in the short term is anyone’s guess. Long term, it clearly doesn’t take a Wall Street wiz to read the writing on the wall.

**More on AI: **[AI Companies Are Trying to Seize Control of Elections](https://futurism.com/artificial-intelligence/ai-companies-elections-midterms)
