You are not alone, but it is not the future. I currently am working a short-term gig within a company with a similar setup - the leadership wants to go that way, and some teams are doing so. Those teams are also failing. Their code passes tests, but doesn't hold up to real usage. The team members don't know the code well enough to even talk about the problems. The DevOps teams don't know the platforms well enough to talk about problems either. Some of the most senior folks in the org will just paste AI slop into a document, then not even be able to navigate their own document on a call to explain things.

"Miserable" is absolutely the right word for it. "Dystopian" is another word I use to describe it. Either way, the results I'm seeing make me think that this trend won't last. These companies will either figure out that it isn't working, or they will fail.

FWIW, "AI-first" is one thing. "AI-only" is where it crosses from a strategic choice into a f'ing pile of stupidity.