AI isn’t taking your job, let’s decode what’s happening?

AI probably won’t take your job. It will not take all of the jobs.

There are concerns about artificial intelligence it’s replacing human workers have simmered over the past year as companies slash headcounts, AI models grow more capable of office work and businesses integrate AI more deeply into their operations. AI was the top reason companies cited for job cuts in April for the second month in a row, the executive outplacement firm Challenger, Gray & Christmas said Thursday.

“The anxiety around AI at work is real—from fears of job loss to the pressure to keep up with rapidly evolving technology,” Microsoft wrote in a report about how AI is changing jobs released last week.

But in reality this is not the case, AI won’t replace all kinds of jobs it can automate some kinds of jobs and help to make the work easy.

Business leaders are figuring out what AI can do and can’t do. AI can make the work the easy but could never take the human responsibility. And thousands of job have been cut in the process, with web infrastructure company Cloudflare and cryptocurrency firm Coinbase among the latest to announce staff cuts.

“It’s very few jobs that are actually entirely automated away by the current AI and robotics technology that’s out there,” said Alexis Krivkovich, a senior partner at McKinsey & Company who helps lead the company’s People and Organizational Performance Practice.

AI is technically capable of automating 57% of work-related activities, Krivkovich said, citing McKinsey research. But that percentage is spread across “pieces and parts” of various jobs and responsibilities across an organization.

Most companies have not fully adapted how AI could change their work, Microsoft said in its report, which surveyed 20,000 workers using AI across 10 countries.

The tech field will adapt AI models quickly and would change the way of working. It could potentially take on the office tasks. For example, Anthropic on Tuesday announced new AI agents built for financial work, like building pitchbooks and crafting credit memos.