The (social) Singularity is already happening in the form of a mass delusion that - especially in the abrahamic apocalyptical cultures - creates a fertile breeding ground for all sorts of insanity.
Like investing hundreds of billions of dollars in datacenters. The level of committed CAPEX of companies like Alphabet, Meta, Nvidia and TSMC is absurd. Social media is full of bots, deepfakes and psy-ops that are more or less targeted (exercise for the reader: write a bot that manages n accounts on your favorite social media site and use them to move the overton window of a single individual of your choice, what would be the total cost of doing that? If you answer is less than $10 - bingo!).
We are in the future shockwave of the hypothetical Singularity already. The question is only how insane stuff will become before we either calm down - through a bubble collapse and subsequent recession, war or some other more or less problematic event - or hit the event horizon proper.