Even if it did work well, with such a rough start and years of false promises, who is really going to trust it? Everyone who does seems to be riding the hype wave.
Nobody with any sense believes any of the hype. It's the boy who cried wolf effect: after years of improvement it still sucks and can't get work done, so why on earth would I trust in the future when the AI bros claim "no this time it really is good"?