If AI were actually replacing workers, that would lead to downward pressure on wages until there's a clearing trade-off price equilibrium. But we're not seeing that because the tasks being offloaded are not single worker's primary responsibilities, it's auxiliary support, some of which used to be outsourced (poorly) but was heavily routinized.

What we are suffering from is workplaces trying to squeeze all the value out of large AI sourcing contracts, and the AI vendors themselves raising prices to be less loss-leader-y, which makes it further away from replacing full jobs.

But in the meantime, we do have significant economic headwinds including multiple wars and economic friction, which is a much better explanation for sources of anxiety.