Agree. Most of the fear mongering is in some way a tactic to rush in regulation and build moats.
Discussion
The fear mongering is stupid, but so is the hype. Modern "AI"s are statistical prediction models.
They are fed a ton of data and then told to generate new data that looks like the original. This is the case for LLMs, diffusers, and every other generative model you’ve heard about lately. At training time they crunch through billions of examples, learn the statistical regularities that tie one fragment of data to the next, and store those regularities in an unfathomably large cloud of numbers called "parameters".
Nothing about that scares nor hypes me. Computers are now faster at doing math and thus can do this sort of computation. Shocker!
Oh my gawd, I'm like literally like shaking like right now, oh my gawd, someone call Alan Turing, we have a mathematical emergency, computers are faster now!