Template-Type: ReDIF-Paper 1.0 Author-Name: Iñaki Aldasoro Author-X-Name-First: Iñaki Author-X-Name-Last: Aldasoro Author-Name: Olivier Armantier Author-X-Name-First: Olivier Author-X-Name-Last: Armantier Author-Name: Sebastian Doerr Author-X-Name-First: Sebastian Author-X-Name-Last: Doerr Author-Name: Leonardo Gambacorta Author-X-Name-First: Leonardo Author-X-Name-Last: Gambacorta Author-Name: Tommaso Oliviero Author-X-Name-First: Tommaso Author-X-Name-Last: Oliviero Title: Survey evidence on gen AI and households: job prospects amid trust concerns Abstract: A representative survey shows that almost half of US households use generative artificial intelligence (gen AI) tools. The use of and knowledge about gen AI are significantly lower among women, the elderly and households with lower income or educational attainment. Respondents expect gen AI to bring more opportunities than risks for job prospects, especially among men and younger, more educated and higher-income households. Nonetheless, all groups trust gen AI less than humans, especially in the provision of financial and medical services. Survey participants express concern over the risks of data breaches and data abuse and overwhelmingly support the regulation of AI. Consistent with previous surveys, respondents trust government agencies and financial institutions more than big techs to safeguard their data. Length: 9 pages Creation-Date: 2024-04-23 File-URL: https://www.bis.org/publ/bisbull86.pdf File-Format: Application/pdf File-Function: Full PDF document File-URL: https://www.bis.org/publ/bisbull86.htm File-Format: text/html Number: 86 Handle: RePEc:bis:bisblt:86