> It’s antithesis of ‘sweet spot’ between dumb and smart.
You mean the soft buttons? yeah it's nuts, not the least because since it's reacting to an impulse (either pull down to mass or pull up from mass) there's gotta be a constant power draw - however small (my Shelly plug measures it as non-zero <0.1~0.5W) - to the logic board to compare it against.
(warning: back of the envelope calculation)
At scale on a house one would have a bunch of such soft button devices†, cumulatively it might be on the 1~5W scale. Across a 1M city it's going to be 1~5MW.
It's made worse by these devices having cheap transformers or switched mode power supplies whose non-linearity drive the power factor down to 0.5~0.7, which means it's pumping real energy production to 2~8MVA (plus on the utility side electrical hardware needs to be scaled up because e.g loss doubles)
Which means for my town we're basically throwing 50~200MVAh a day right down the drain - or rather either burned up in the air or buried down "places that are not of honour" - because it doesn't make sense to have power factor correction economically (either on the device maker side, which would rise the BOM a few cents up, on the residential side where the cost is prohibitive, or on the individual size where people prefer buying cheap, electrically terrible, knockoff devices). Because yeah, in the EU passive PFC - which raises PF ~0.5 to ~0.85 - is mandated above >75W only.
Comparatively to the overall energy production and usage it's small, but in absolute terms it boggles the mind that as a society we're able to handwave such amounts of energy.
† I'm not counting stuff like powerbanks or chargers but again back of the envelope it should overall fold into the range, making the worst case conservative.