Now, the pendulum on that general concept seems to be swinging the opposite direction where a lot of those people just figured out that you don't need embeddings. That's true, but I'd suggest that people don't overindex on thinking that means embeddings are not actually useful or valuable. Embeddings can be downright magical in what you can build with them, they're just one more tool at your disposal.
You can mix and match these things, too! Indexing your documents into semantically nested folders for agents to peruse? Try chunking and/or summarizing each one, and putting the vectors in sidecar files, or even Yaml frontmatter. Disks are fast these days, you can rip through a lot of files indexed like that before you come close to needing something more sophisticated.