Cooked covers any state of being beyond saving — academically ("cooked for this exam"), physically ("legs are cooked after leg day"), socially, or civilizationally ("we are so cooked" as a reaction to absurd news). The exaggeration is the humor; minor inconveniences earn "it's over, I'm cooked."
Meanwhile "cooking" as a verb means performing exceptionally — a producer in the studio, a friend making a perfect argument. The tension produced the meme question "is he cooking or is he cooked?" for moments that could be genius or disaster. Both senses are firmly embedded in 2026 vocabulary.
