If not, then what is it? Should I touch it?
Location: Upstate, NY
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It looks more like one of the wild lettuce species (Lactuca genus) than hogweed. If it is wild lettuce, then it should bloom yellow this summer.
Here's an excellent photo of giant hogweed: https://www.goodhousekeeping.com/home/gardening/a21598753/giant-hogweed/
As the article accompanying that photo states "The easiest way to identify giant hogweed is to look for purple blotches and white hairs on the stem." I see neither of those on your photos.
It looks enough like Giant Hogweed or Cow Parsnip to warrant serious caution. The leaf shape is quite similar, and you can see small hairs on the detail photo. When identifying dangerous plants, please always err on the side of caution.
In the US there is usually some local public outreach service to help people identify plants. In NY, this would be a good place to start, try calling them: https://www.dec.ny.gov/animals/105282.html