This is certainly what I saw. I was at a company that was a very eager early adopter of GenAI for all work. One big thing that came out of it was a bunch of effort wasted on unprofitable projects.

The chatbots kept steering people toward uncreative ideas and overshadowing novel insights that might come from genuine domain expertise. AI generated meeting summaries became a force for miscommunication as they de-emphasized or even outright misrepresented what was really important about the conversation. And people became much worse at proving ideas out before making significant resource commitments thanks to effects that we now describe with terms like AI psychosis.