Are AI SDRs actually generating qualified leads, or just automating spam?

I've been looking into AI Lead Generation / AI SDR tools recently, and I'm curious what people are actually experiencing in the real world. A lot of tools can now: Find companies and contacts Enrich lead data Research prospects Generate personalized emails Run automated follow-ups Qualify inbound leads Book meetings On paper, this sounds like an SDR that can work 24/7. But I'm wondering where the actual value is. For people who are already using AI for sales or lead generation: What's actually working for you? And more importantly: Are AI-generated leads actually converting into qualified opportunities? Is the biggest bottleneck finding the right prospects, or reaching them? How accurate is the AI's understanding of buying intent? Do prospects notice that the outreach is AI-generated? Would you trust an AI SDR to contact prospects without human approval? What's one sales task you would happily delegate completely to an AI agent? I'm especially interested in experiences from founders, SDRs, sales managers, and people running outbound campaigns. I'm not looking for another "AI will replace SDRs" debate — I'd love to hear what is actually working (or failing) in production.