The hype may collapse in the short term, but that's only because many of the first movers are stereotypical tech startups who overpromise without truly understanding the problem or solution spaces and therefore underdeliver.
But, speaking from personal experience, some of the tech has already been proven - one example is massively accelerated modeling as an alternative to slow finite difference/finite element simulation with 99% accuracy, which will in the next 6-12 months totally change the approach to a wide range of modeling problems, and enable a totally new form of work where instead of setting up a model and waiting days or weeks, one may iterate effectively in real time. There are emerging solutions to knowledge management and "intelligent" data harvesting, where ML outputs are being manipulated in a rudimentary form of reasoning. Think specialized industries like petroleum, mechanical engineering, EM engineering - plenty of "layman" related features like recommendation engines are going to flop, but the cat is out of the bag for heavy industrial knowledge work. Just give it some time - we are on the cusp of a monumental leap in R&D across the spectrum of human endeavor. Very exciting times.