Why are people terrified of artificial intelligence?

Why are people terrified of artificial intelligence?

We are all going to be replaced, but what's the downside? We will all be given a UBI, so don't worry about it. Machines have been replacing humans for hundreds of years. Why is this a bad thing? My only friend on here likes cats. I like sailboats and guitars. He can pet his cats, and will sail my boat. We will be just fine. I would sail my boat to the East coast, but I don't allow cats on my boat. Just puppies.

Why are people terrified of artificial intelligence?
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