Poll shows 46% of Americans aged 18 to 34 view Democratic Socialism favorably

Younger Americans are showing notable openness to Democratic Socialism while expressing deep dissatisfaction with the U.S. economy and limited trust in leading AI executives, according to a new CNBC poll conducted with Generation Lab. The survey of 1,088 Americans ages 18 to 34 found 46% held a favorable or very favorable view of Democratic Socialism, while 23% were somewhat or very unfavorable. The poll, conducted earlier this month with a 2.97 percentage point margin of error, comes as democratic socialist candidates have gained visibility in primaries across states including New York, New Jersey, Michigan, Pennsylvania and Colorado, alongside a mayoral primary win in Washington, D.C. earlier this year. Economic pessimism was widespread: 45% rated the national economy as bad, 27% as really bad, and 6% said it could not be worse, while only 2% said it could not be better and 3% called it great. Half said they expect the economy to get worse, compared with 22% who think it will get better. Housing and secure, decent-paying jobs were the biggest financial pressures, and many respondents said financial strain had led them to delay vacations, car purchases and home buying, with 28% saying they had skipped healthcare for financial reasons. On AI, respondents leaned toward stronger oversight, with 40% saying the federal government should set rules and 36% favoring an independent expert body. Trust in major AI leaders was weak across the board, with Microsoft's CEO Satya Nadella receiving the highest trust reading at 35% and Palantir's CEO Alex Karp the lowest at 19%. The poll also pointed to rising use of prediction markets (event-based trading platforms), with one third saying they had used platforms such as Kalshi or Polymarket once or twice in the last month. CNBC said it has a commercial relationship with Kalshi that includes customer acquisition and a minority investment.

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