I mostly agree with you, but I don’t think it’s a fading fad. There was way too much AI hype, way too early. However, it gets gradually but noticeably better with each new release. It’s been a game changer for my coworkers and me at work.
Our merciless greedy overlords will always choose software over human employees whenever they can. Software doesn’t sleep, take breaks, call out sick, etc. Right now it makes too many mistakes. That will change.