I use AI frequently. I am frequently let down. Occasionally satisfied and very rarely impressed. My results seem typical for everyone else I know. It's a free and widely promoted tool that has the potential to be useful, of course people will use it. The features I find most useful, is not providing me new knowledge. It's formalizing something I wrote or summarizing some other text, that I am going to read anyway or can at least reference as needed and confirm the output. This is also where the local models Excel.
I also often see people post AI generated advice and answers that are simply incorrect in Facebook groups and get roasted with 100s of people chiming in on how you can trust ChatGPT.
I just can't see regular people are going to pay more than (NetFlix + HBO + Prime + WM+) for an AI subscription. I think you would see tons of competitors pop up if that were at all viable.