The film industry probably cannot think of a movie anymore wherein the CGI cannot be used. This is something that is already automatic to a lot of filmmakers. One good thing that the CGI can provide is realistic special effects. If this is needed in order to make the movie more realistic, then there is no reason why this should not be checked.
It may have seemed great in the beginning but as time went by, people started to feel that CGI is normal. As a result, they do not see anything special anymore with movies that are made with this. There may still be other innovations that filmmakers will use in the future.
Yes, I would say that CGI is now more of a compulsion for the film industry rather than something that is well thought out and necessary. It is hard to blame the film industry for overusing the CGI tech since it is the best way to make really detailed and believable special effects.
But this also means that it needs to be developed properly and used only in the situations where it benefits the film. CGI is used in almost every film in recent years and most of it leaves a lot to be desired. When CGI is used all the time (and not always with great success) it becomes watered down and "normal" rather than awe-inspiring and unique.