Fortunately many dead lock have been fixed in one of the latest releases. Other than that I have been really happy and thankful that dask exists. One othe major use cases is, however, that my colleagues use it as a simple joblib backed for our HPC cluster. Even if it sounds stupid: dask is the easiest way to get data scientists to use distributed computing resources (Disclaimer: I got active in the dask jobqueue project to get stuff fixed to run on HTCondor)
Also note, dask clearly acknowledges challenges dealing with data in the terabyte range https://coiled.io/blog/dask-as-a-spark-replacement/
Most of our use-cases right now involve using multiple cores of a big instance, than resorting to cluster computing.
With spark, there is additional/steep learning curve, complexities of dealing with cluster computing. And Spark-ML is not well known. With dask/pandas it's easy enough to feed scikit-learn and/or bring in dask-ml, just a pip install, and you can scale well known sklearn modules effectively.
I think in the end, it's about keeping things simple. As others said, if you are already invested big in Spark/Scala/Hadoop, that may make sense for you. For non-CS folks, this will be a challenge.
As for vaex, it's very interesting. One issue is that it seems to be able to want hdf5 and doesn't want to work with parquet. And it's API is not fully compatible with pandas.
Ray/Modin: played with it a bit and maybe it's a bit too new for enterprise uses and may be more geared for ML workloads. That's my take anyway and it may have progressed substantially, already.
I think dask is in heavy usage in real production systems. Let me cite one such usage here, from Capital One (no affiliation, just referencing a big bank for 'production ready' purposes) https://www.capitalone.com/tech/machine-learning/dask-and-ra... (also not necessarily suggesting any rapids/GPU usage, you can decouple it from the article)
And note the article is from Nov 2019. Two years is a substantial amount of time for further improvements.
I don't see how you can argue both that and that dask distributed is production ready at the same time.
I've been in big data for 15 years and was probably one of the first few thousand production hadoop users. If you think "a big company used a big data tech so it's production ready" is an argument then I've got a few bridges to sell you. A lot of companies use a lot of technologies that they spend a lot of time beating into a shape where for their specific use cases they work just well enough to not get them all fired.
Dask has solved specific problems for us and we are grateful about it. I remain open minded about other choices and listed them with the understanding I have about them.
Switching to pandas when you can is going with the philosophy of keeping things simple. I like the flexibility of going back and forth between these as and when I choose.