Autonomous observability, driven by advancements in Generative AI (GenAI) and machine learning, aims to revolutionize system monitoring and management by automatically detecting, diagnosing, and resolving issues without human intervention. Current challenges in cloud observability, such as growing data workloads and traditional dashboarding limitations, hinder decision-making and increase mean time to repair (MTTR). AI integrations are transforming telemetry data interaction, and while the technology is still evolving, it holds the potential to allow engineering teams to focus on strategic tasks while maintaining system performance. The progression toward fully autonomous observability is unfolding in stages, from manual to full automation, with current efforts transitioning from assisted observability to early stages of partial automation. Despite significant challenges in achieving full automation, especially in complex or novel scenarios, advancements in AI and adaptive algorithms are steadily progressing, emphasizing the importance of trust, transparency, and safety to align with business needs and industry standards.