I don't know if you remember Google Glass was a thing, and turned out that wearing glasses on your face 16 hours a day is far more annoying than those "little hand-held glass display" you're trying way too hard to be dismissive of.
Google Glass didn't die because it wasn't AR, it died because wearing glasses all the time wasn't practical.
Not practical technologically in terms of battery life, weight, and not practical in terms of simply that you don't need to interact with some digital UI every waking moment of your life.
Also while in our imagination we can conjure up virtual displays in AR and use them for complex UIs, actually waving your hands in empty air, aside from being super weird, is also super inconvenient, compared to handheld multitouch glass.
You're not making AR predictions based on "current trends". You think you are. Instead you're trying to draw a straight line from the present reality to your favorite sci-fi movies that have shaped your idea of what the future is going to be like, while also skipping over all the pesky details that can trip up that idea from concept to realization.
In other words, same reason why everyone was dead set flying cars are coming. And yeah, the generic "no one believed in XEROX PARX and no one believed in trains and car engines, no one believed in airplanes" argument was brought up about flying cars. Turns out that this argument is not an automatic win for believing whatever you wanna believe is coming.
Just because someone didn't believe in airplanes doesn't mean I can't roll my eyes at predictions that faster-than-light travel is just around the corner.