GoKawiilJim Cramer says public opinion is turning against AI industry, risking stocks
CNBC's Jim Cramer said on 'Mad Money' that public sentiment has shifted against AI companies and their products, arguing that industry proponents have been slow to respond. He cited rising concerns over electricity costs, water use and job displacement, alongside a leaked Anthropic IPO document warning of 'catastrophic or existential risk' and OpenAI's delay of its next model over safety concerns.
GoKawiil's interpretation of the reporting above, not reported fact.
Cramer's comments suggest that a shift in public narrative, rather than just financial fundamentals, could weigh on AI-linked stocks that have driven much of the market's recent growth. His remarks link this reputational risk to broader market fragility, noting that many S&P 500 stocks are already trading well below their highs amid rising Treasury yields. The timing, a midterm election year, could add political pressure to how AI companies address public concerns about safety and cost.
- Cramer says AI industry is losing the 'battle of the narrative' with the public.
- Concerns over electricity costs, water use, and job impacts are gaining traction against AI's economic promise.
- Leaked Anthropic warnings and OpenAI's model delay add to public unease about AI safety.
Source: cnbc.com — Alexa Lomonaco, 2026-09-29
Published there as: “Cramer warns the narrative around AI is turning — and stocks could pay the price”
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