With AI feeding / scraping traffic to sites growing ridiculously fast, I think captchas & their equivalent are only going to be on the rise, and given the rise in so many people selling residential proxies I see, I don't doubt that measures and counter-measures on both sides are getting more and more sophisticated.
> These Captchas are really bad at detecting bots and really good at falsely labelling humans as bots.
As a human it feels that way to you. I suspect their false-positive rate is very low.
Of course, you may well be right that you get pinged more because of your style of browsing, which sux.