As someone who has worked with carbon fiber on a daily basis, I can tell you that the bushmaster isn't carbon fiber but carbon reinforced polymer. Technically, carbon fiber is a carbon reinforced polymer, because the polymer is the resin, but that's another story. The bushmaster isn't what you'd call CF
You see carbon fiber at the very pinnacle of manufacturing in automotive and aerospace, why? Because it's that good. In Formula 1 racing it is used for just about every part including the driver's crash box and HANS device. In next gen fighter jets it's used in load bearing areas etc. It doesn't fatigue like steel and especially not like aluminum. You can literally bend a piece of CF over and over within tolerances and it won't show signs of fatigue. The problem? It's very expensive. Extremely expensive. ~$75 a yard for dry CF with resin separately, $160+ per yard for pre-preg depending on the weave and thread count. That's not including autoclaves vacuum pumps, etc.
If you did a layup of carbon fiber to make an AR receiver with the appropriate weaves and thread counts in the right directions with the right layering it would be quite an expensive piece. However, it would be a strong as steel at a fraction of the weight. You also would see failures in aluminum and steel receivers well before CF receivers.
The biggest problem with CF is cost and speed of manufacture. Even with the latest resins and autoclaves, it takes a few hours for a layup to be cured enough to use as a part. BMW just spent $100s of millions developing a way to mass produce finished CF parts inexpensively because they eventually want to build entire cars out of the stuff at a lower price than using aluminum and steel.
Rant over about that.
Would I buy an ar-15 with a plastic upper, even if it's glass, kevlar, or carbon reinforced? No. I would go the standard route and lighten the gun in other areas.