Can anyone confirm: What I heard from VCs is that the hype AI is over again. Not that they don't see a future in AI but ... - It's more difficult than expected

Can anyone confirm: What I heard from VCs is that the hype AI is over again. Not that they don't see a future in AI but ... - It's more difficult than expected; even narrow focussed Ai powered bots have huge difficulties to understand - It's just another channel for existing products/business - Often 'AI' means a chat based interface with a well defined command set like a CLI we all know So, is it still wise to write AI-powered on a pitch deck?