Is everything actually “toxic” nowadays, or do people just throw that word around willy-nilly?

I’m tired of seeing this word, like other words in the recent past. In many cases that I see it being used, it seems like it has lost its definition.

Somebody might see a stranger do something or react a way, one time, for a couple of seconds and deem that person a toxic person.

Somebody might be minorly inconvenienced by someone or something and now that person or thing is toxic.

Most relationships (children/parents, boyfriend/girlfriend, etc.) that end in any way, while only hearing one side of the story, are now toxic.