This is a good overview. It's a long read, but compelling. The concern is the shift from where we are now (Artificial Narrow Intelligence) through Artificial General Intelligence (we're on the cusp) into Artificial Superintelligence (an inevitable? product of AGI, so that the one accelerates, pretty much unstoppably, into the other, within months or years.
Our ANI is the slop-producing labour-saver. AGI may be, in evolutionary terms, to humans as we are to chimps - a half-step up on the metaphorical staircase... and ASI is something of which we simply can't conceive: a thousand steps up, representing a gulf in understanding and control like nothing in the history of the world.
And yet, we're building it.
Having gone down a bit of a rabbit-hole reading what those in the know have to say about it, and particularly how it may happen (no killer robots or malevolent intent involved; all very mundane, really!), I find it convincing and frightening, OP. Analogies with the Industrial Revolution, Y2K and even nuclear war are so far off the mark relative to this. What we're messing with is on an unimaginably different scale.
But... I also agree with others about just getting on with stuff in the meantime. What can we do?!
https://waitbutwhy.com/2015/01/artificial-intelligence-revolution-2.html
ETA: Just reread the stair case analogy and realise have summarised it incorrectly above - but the issue's the same, really. Read the opening paragraphs of the link. It's fascinating stuff.