It's not about the concept of AI, it's about current developments in generative AI, which is just one approach for it but has largely hijacked the term. This one could burst and disappear, hopefully replaced by something better, but the general field of AI would not.

Also, I'm not sure where you are going with that argument. Despite being the subject of stories for millennia, nobody has invented dragons yet.

Almost all distant future hard sci-fi settings have banned or severely limited AGI, sometimes proactively, often making it among the highest universally recognized crimes, sometimes after a war, or sometimes unsuccessfully (in which case the story's going to be about regretting it). Either way, if fiction authors can reliably figure out the inevitable plot line the technology follows, perhaps we will too, eventually.