There isn't a week where we don't see headlines around big companies restructuring because of AI.

TL;DR

There isn't a week without headlines about big companies restructuring because of AI, but I personally don't buy that story — yet. Most large companies' AI adoption is patchwork at best, and current announcements look more like regular cost-cutting with an AI angle than genuine mass displacement. That said, agentic AI is improving every day, and a significant part of most jobs will eventually be partially or completely done by AI. Whether total job growth from the AI revolution will outpace the redundancies that will almost certainly occur is a question even the smartest economists haven't settled.

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There isn't a week where we don't see headlines around big companies restructuring because of AI.

The latest two examples are Accenture and Lufthansa, but we've had Microsoft and several others before that.

I personally don't buy that story - yet. Big company's adoption of AI is in most cases at best a patchwork, and I don't think many big companies have been fast enough to properly rethink their processes from the bottom up and decide which task AI is better at (or is expected to get there in the next 12-24 months with the evolution of agentic AI).

Therefore the only areas where I currently believe the story of AI replacing jobs is in low level customer service jobs, where enterprise grade solutions do already exist and can take over at least a part of the workload.

Even in coding, arguably agentic AI's most advanced use case, the jury is still out whether this will actually eat into the number of developers.

So far, all these announcements are more about regular cost-cutting in an uncertain global economic environment that are nicely packaged with an AI angle, than really about AI massively taking over regular jobs.

Does that mean you can just sit back and relax and watch the AI hype fade? Unfortunately not. Agentic AI is getting better everyday (I personally have 5 different agents working for me as we speak).

There is a significant part of most jobs that will eventually (with different timelines) be partially or completely done by AI, probably faster in smaller startups, later in large enterprises.

But the jury even of economists that are ways smarter than me (or the CEO's of the large tech companies) is out, if total job growth due to the AI technology revolution will outpace the redundancies that will almost certainly occur. Let's not forget, a huge chunk of the currently best paying white collar jobs didn't exist 20 years ago.

Where do you sit on the "Will AI take my job" debate? I'd love to hear your thougths on this controversial topic.

Key takeaways

• I don't buy the current narrative that AI is driving mass restructuring at big companies — most large-company AI adoption is patchwork at best.
• The restructuring announcements from companies like Accenture and Lufthansa look more like regular cost-cutting in an uncertain global economic environment, packaged with an AI angle.
• The only area where I currently believe AI is genuinely replacing jobs is low-level customer service, where enterprise-grade solutions already exist.
• Even in coding — arguably agentic AI's most advanced use case — the jury is still out on whether it will actually reduce the number of developers.
• Agentic AI is getting better every day, and a significant part of most jobs will eventually be partially or completely done by AI, probably faster in smaller startups and later in large enterprises.
• Whether total job growth from the AI technology revolution will outpace the redundancies that will almost certainly occur is a question even the smartest economists haven't answered — and let's not forget, a huge chunk of today's best-paying white-collar jobs didn't exist 20 years ago.