My personal experience lines up with this. From what I've seen all the AI hype is coming from:

- Companies building AI models & tools - this one is obvious.

- Executives using AI to justify layoffs - there have been constant rounds of layoffs across corporate America since ~2021, but recent ones have been rebranded as "AI taking the jobs" so no one points to the obvious corporate mismanagement, offshoring and greed.

- Bosses using AI to push employees to work harder - I have personally seen this at my own company. AI is an excuse to increase forced attrition. "You aren't good enough" is harder to justify, so now it is "you aren't using AI well enough".

Real-world use cases of AI meanwhile haven't really moved beyond the prototype stage.