Do you remember swine flu? The media storm died down as experts gathered more information and made recommendations. Note how with Covid19, the information has changed over time, but not enough to change expert recommendations, which have remained fairly consistent.
No it's not, the infection fatality rate keeps going down. This is just media hype and the risks are being overblown due to the many biases in human judgment (availabiltiy bias, survivorship bias, social bias, etc).
