This song dates back several years. However, the album version differs to the one Spektor used to play in concert as she explained in publicity materials: "I usually play that just by myself with a piano, but I did a show last summer and my friend Reggie Watts beat-boxed on it, so we had him send his tracks to London and programmed it and played over that. And I got to us a vocoder for the first time and fell in love with that! Amazing instrument... would make me sad when I heard my voice through it. Sounded like the saddest instrument in the world."
"It's the End of the World As We Know It (And I Feel Fine)" was inspired by a dream where Michael Stipe conjured up images of people with the initials L.B.: Lester Bangs, Leonid Breshnev, Lenny Bruce and Leonard Bernstein.