Is this serious or not?

According to reports, such as this one, the Earth's magnetic field is getting weaker 10 times faster than was previously thought.

"Previously, researchers estimated the field was weakening about 5 percent per century, but the new data revealed the field is actually weakening at 5 percent per decade, or 10 times faster than thought. As such, rather than the full flip occurring in about 2,000 years, as was predicted, the new data suggest it could happen sooner."

Is this a "Day After Tomorrow plus Godzilla" scenario?  Are tsunamis going to swamp New York and gigantic beings from out of the ocean going to stomp on Tokyo?

Probably not.  But still, it will be momentous for a generation of humans to be witnesses to a magnetic field switch.  I'm probably not in that generation.  But it could be soon, very soon in geological terms.  200 years?  Really?


But I don't think there's much to worry about, at least according to NASA:

Magnetic pole reversal happens all the (geologic) time

Yet the power grid could possibly be at risk. There wasn't a power grid the last time this happened.