Jim Cramer says AI fears have made the stock market fragile

CNBC
2026.02.23 23:43
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Jim Cramer highlighted that fears surrounding artificial intelligence have rendered the stock market fragile, following a significant selloff. He referenced research suggesting the AI boom could lead to a 10% unemployment rate due to job displacement. Cramer dismissed the research as overly pessimistic, asserting that more jobs will be created than lost. He noted that concerns about AI's impact on companies like Salesforce and CrowdStrike have contributed to market declines. Cramer advised investors to remain cautious and avoid hasty decisions in light of current market volatility.