Stan has explained this well but
I have tried to explain this a couple of times before.. high transmitability is worse to the whole population than high serious illness.
Even if omricon is a third as dangerous to the individual if it is 10 more infectious, it will infect many more people than a more deadly virus.
( ebola is a real killer, but it rarely gets out of a small enclave in Africa, as it kills so many of those infected.( 80%) Communities are put in hard isolation, and the symptoms are very obvious...)
The fact so many are asymptomatic is also very BAD. More people are out and about infecting others ( they really don't know, and therefore have no reason to test)... the virus is out hunting the vulnerable and unvaccinated.
On top of the high number of people who are isolating, which seriously affects our infrastructure... it is a very bad scenario.
The only good part is the peak should be high and fast and over soon. A lot of people will get a natural immunity or booster immunity through infection.
After this wave we may be able to treat it at the same level as seasonal flu.