"I'm all right, Jack" means: Indicates a selfish attitude, not worried about any problems one's friends and neighbours might have. Often associated with strikes and othe.... This is a fairly neutral word with no inherent risk attached. There is no real cause for parental concern; it is descriptive vocabulary rather than something dangerous. If your child uses it, context will usually make the meaning clear. A brief, curious question about where they heard it is generally enough to know whether to follow up.