Sorry you feel that way Baja. I believe that the Singularity means the end of disease, poverty, and old age. It means that all of us will be able to enjoy indefinite youth, perfect health, and dramatically increased intelligence. Our ability to consume will be greatly outstripped by our ability to supply. Our access to vast amounts of information will be instantaneous. Our decision making will be collective and not hierarchical.
Put your anxiety on hold and try to imagine the potential for humanity.