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Sure. I think you're right. I myself want an AI maid loading the dishwasher and doing the laundry and dusting the shelves. A robot vacuum is nice, but that's just a tiny amount of the tedious every-day chores. Plus an AI assistant on my computer, cleaning up the harddrive, sorting my gigabytes of photos...
And I don't think we're there yet. It's maybe the right amount of billions of dollars to pump into that hype if we anticipate all of this happening. But for a lame assistant that can answer questions and get the facts right 90% of the times, and whose attempts to 'improve' my emails are contraproductive lots of the times, isn't really that helpful to me.
And with that it's just an overinflated bubble that is based on expectations, not actual usefulness or yield with the current state of technology.
Personally, I think it's not going to happen soon. I think it'll take another 5-10 years of scientific advancements until we tackle issues like the limited intelligence and that it likes to make up things which aren't really true. And we kind if need that for proper applications. I've tried generative AI for writing and computer coding. But I still have to spend a lot of time to fact-check and rewrite its output. As is, I think AI is limited to some specific tasks.