AI is absolutely responsible for executive suites dumping huge budgets that could be more productively elsewhere. There are extremely helpful tools out there but people are being too gullible when it comes to advertised ROIs and the blame inevitably falls on engineering, not management, when all the devs fail to 10x overnight.
A text generator can't be responsible for decisions that people make. You're giving them too much agency. Idk how they did it, but so many people seem to hate AI instead of people who are pushing it.