Report: Goldman Sachs Strategist Says AI Disruption Fears Will Linger for Years in Software Stocks
Key Takeaways: Opposition to AI data centers is also hardening. 75% of Americans oppose having one built in their community, with 72% of opponents citing higher electricity costs and 64% pointing to water consumption. That local resistance is producing real project delays at a time when hyperscalers are still pushing capital expenditure projections higher for 2026. 74% of the poll’s respondents said the government is not doing enough to regulate AI, and 76% said businesses lack sufficient transparency about their AI use. The tension the Quinnipiac data captures is real: personal AI tool usage is climbing, with 51% of respondents reporting they have used AI for research, up from 37% in 2025. But adoption is running well ahead of trust. That gap, combined with Goldman’s call for prolonged valuation pressure on growth stocks, suggests the AI cycle is entering a phase where skepticism, not enthusiasm, drives the narrative.About Author
