• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026
AITech

Snap CEO praises AI for writing two-thirds of the company’s code but warns fellow tech executives underestimate ‘societal pushback’ to the tech

Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
May 1, 2026, 5:05 AM ET
Evan Spiegel wears a black t-shirt and speaks into a microphone while on stage.
Snap CEO Evan Spiegel said tech executives are underestimating people's skepticism of AI.Michael Nagle/Bloomberg—Getty Images
Add Fortune on Google for similar content.

Snap, the tech company behind the social media app SnapChat, introduced on Tuesday AI Sponsored Snaps, an advertising tool that will allow users to chat with AI bots from a brand partnered with the social media platform. It’s one of the many ways the company has continued to lean into AI. But Snap CEO Evan Spiegel said the pivot toward new technologies won’t necessarily help the company score any popularity points.

Recommended Video

“I think technology leaders think that folks will just blindly adopt new technology as it comes out,” Spiegel said in an episode of “Lenny’s Podcast” earlier this week, “And I think we’re going to enter a period of time where there’s going to be a huge amount of societal pushback on a lot of the changes that are coming with AI.”

Spiegel has touted Snap’s own ability to lean hard into AI without alienating usership—the company currently boasts a billion monthly users. The platform launched its chatbot “My AI” in Feb. 2023, just months after the release of OpenAI’s ChatGPT. Earlier this month, Spiegel called AI “probably the best thing that’s ever happened” to the company and said AI now writes two-thirds of the company’s code. Snap grew its subscriber count 71% year-over-year in the last quarter of 2025 and now has more than 25 million paid subscribers. Its revenue grew 11% year-over-year in 2025, reaching $5.9 billion.

An NBC News poll published in March found that of 1,000 registered voters, only 26% had a positive view of AI, while 46% had a negative view. That makes AI only more popular than the Democratic party, which had a 22-point net negative rating, as well as Iran, which had a 53-point net negative rating. Fear of the technology has even pushed some employees, particularly young people, to undermine their workplace’s AI rollout. A survey of 2,400 knowledge workers from AI agent firm Writer and research firm Workplace Intelligence found 29% of employees—and 44% of Gen Z workers—admitted to sabotaging their employer’s implementation of AI tools.

Despite heavy criticism, Big Tech has poured $700 billion in capital expenditures into AI. The tech’s usership has also continued to grow, with 57% of Americans reporting using the technology, and 40% using generative AI more than they did a year ago, a Brookings Institute report noted.

But CEOs are also continuing to grow more aware of how the broader public feels about the technology. In March, Sam Altman admitted AI had become the bogeyman, warning continued widespread scrutiny could slow the technology’s growth.

“AI is not very popular in the U.S. right now,” he said.

Why do so many people dislike AI?

Altman attributed disapproval toward AI to data centers’ association with rising electricity bills, as well as widespread layoffs employers attribute to AI, “whether or not it really is about AI.” Snap announced in April it would slash about 1,000 roles in the company, or about 16% of its full-time staff, as well as eliminate about 300 roles for which it was planning to hire.

Despite lack of evidence of widespread labor displacement as a result of AI, there’s still anxiety around the future of jobs in a world with AI. Stanford Institute for Human-Centered Artificial Intelligence’s 2026 AI Index Report found nearly two-thirds of Americans believe AI will result in fewer jobs twenty years five now, and only 5% expected the number of jobs to increase.

The AI Index Report likewise found significant distrust in the ability of the U.S. to regulate AI. The U.S. had the lowest-rated levels of trust in its government to regulate the technology, with less than one-third of participants reporting trust, compared to the average of 54% across all countries. Some AI leaders, such as Anthropic CEO Dario Amodei and “godfather of AI” Geoffrey Hinton, have admitted the technology needs to have higher guardrails, lest the world becomes more susceptible for cyber attacks, or, at worst, an AI takeover.

Spiegel’s own concerns around broader AI acceptance stem from a similar anxiety of AI companies prioritizing short-term profits over serving humanity’s best interests. 

“Humanity is far more important than than the technological developments largely because humanity dictates how technology is adopted,” he said, “A lot of our focus as an industry but more broadly in the world needs to be putting humanity first, making sure that the tools we’re developing are advancing humanity’s goals in addition to uh business goals.”

At the same time, he suggested tech leaders are in a tough spot. 


“On the one hand, this is really dangerous…and we need people to know this because this is happening and moving quickly,” Spiegel said. “On the other hand, how do you not just freak everyone out and make everyone so afraid of where things are going?”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Sasha Rogelberg
By Sasha RogelbergReporter
LinkedIn iconTwitter icon

Sasha Rogelberg is a reporter and former editorial fellow on the news desk at Fortune, covering retail and the intersection of business and popular culture.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in AI

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in AI

The hidden cost of your AI rollout: burning out the high performers running it
Workplace Cultureburnout
The hidden cost of your AI rollout: burning out the high performers running it
By Mikaela Cohen and HR BrewJune 23, 2026
11 hours ago
Alan Greenspan testifying before the Senate Banking Committee.
BankingFederal Reserve
The man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 2026
13 hours ago
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
13 hours ago
college
SuccessEducation
47% of Harvard seniors admit to cheating — and the problem existed long before ChatGPT
By Austin Sarat and The ConversationJune 23, 2026
14 hours ago
data
EnergyData centers
AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price
By Conor Harrison and The ConversationJune 23, 2026
14 hours ago
Anthropic logo behind phone with Claude logo.
AIAnthropic
Anthropic launches Claude Tag, a tool that works like a virtual employee within Slack
By Beatrice NolanJune 23, 2026
15 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
20 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
22 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
19 hours ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
2 days ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.