And how much cheaper can this stuff really be than real buttons?
Instead, it's almost certainly a design choice: they're easier to design around and 'feel' futuristic. Or that's what the designers and marketers think, anyhow.
The bigger cost-savings are in the touchscreen infotainment systems, where they get to eliminate the physical cost of a ton of buttons while simplifying manufacturing and parts inventory (no having to deal with a bunch of different trim parts to accommodate buttons for various options, etc.). That's probably the biggest reason why consumer pushback against touchscreens has taken so damn long to barely start having an effect.