I think YMMV. I own an Instant Pot and use it nearly every day. I'm also on the main Instant Pot board on Facebook (30,000 members), and there are some people who love it, some people who buy one and then never use it, and some people who hate it. It really depends on what your situation is and how comfortable you are trying new things.
For me, the main thing I like about it is that I am a working mom of three kids, but I like to cook a hot, from-scratch dinner every day. The Instant Pot allows me to have a hot dinner on the table in about 1/2 to 1/3 the time it would take if I were to cook from scratch. Plus, I can set it and walk away from it and do other things (help with homework, clean, etc) while dinner is cooking. For example, one of my go-to meals when we're having a hectic evening is a bag of frozen meatballs (I make them on the weekends in huge batches and freeze them), a box of pasta, a jar of sauce, and a jar of water thrown into the pot - no stirring. Set it for 5 minutes and walk away, and when it's done you have pasta and meatballs hot and completely ready to go. Sure, I could do that without the pot fairly easily, but I would need to be in the kitchen for 30-35 minutes for that. This way I set it up in 3 minutes and walk away.
I also find that pressure cooking is great for tough cuts of meat- we get grassfed beef from a local farm, and it tends to be tougher than the meat you buy in the store. It comes out wonderfully tender in my Instant Pot.
Finally, you have to keep in mind that the super-quick cooking times you'll see posted aren't exactly correct, since it takes time for the pot to come up to pressure. Lots of people on the Facebook board get upset when 5 minute pasta takes more than 5 minutes to cook.