Is anyone else concerned about the potential state of mages with the upcoming mage rework?

So I was reviewing the PBE changes for the upcoming mid-season update to mages, and I noticed that base damage and ratios were nerfed almost universally across the board, just nerfs nerfs nerfs everywhere as far as damage is concerned. Lower base damages and lower ratios, combined with items that give lower AP, and the removal of mana regen, really makes me concerned about the future state of mages. Does anyone have experience with the PBE who can vouch otherwise?
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