AI doom narratives are being promoted through public relations firms and wealthy individuals to influence public opinion towards stricter regulation. These efforts are amplified by corporate media headlines, creating a climate of fear around AI's future impact. Examples include claims of mass job losses and warnings of AI causing billions of deaths. However, these doomsday scenarios may be exaggerated. A McKinsey report suggests AI could lead to about 7% of US workers needing to change occupations by 2035, rather than an outright jobs apocalypse. This disruption is characterized as a transitional period, particularly for low-skilled workers. A significant concern is that many affected workers could experience income loss due to differing skill requirements. The US economy has historically adapted to technological advancements, such as mechanization and automation. These past transitions have ultimately led to increased productivity and rising living standards. Therefore, apocalyptic predictions about AI's impact are likely overblown.