The Cold War was an arms race that gave us wonderful things: amazing technologies we still use today (GPS, the Internet) and the collapse of the soviet union.
"Were we on the brink of that thing that we already did in Japan and nothing happened a few times? Oh my god, I need to hide in a cave and never do anything outside again"
Of course not. Even the developers of AI admit there's a huge risk though, no? Even they are calling for a slowdown. Do you think you know more than they do?
I know well enough; I'd be surprised if they know more than I do. And I also know very heavily that we cannot stall into societies of empowered deficient humans.