I only use a red dot for competitive pistol shooting.
Open sights are slow, inaccurate, and fatiguing, but on a rifle, aperture sights are quick, relatively accurate, light, and easy to use. That's why you'll see aperture sights on military rifles since before WW II, including the AR platform.
Red dots may provide a marginal improvement on a long gun that's shot from a proper hold -- not that a lot of rifle shooters seem to know what gun fit or a cheek weld are.
Red dots provide a huge improvement if you have to shoot a carbine from a compromised shooting position. That is their real merit for military and defensive applications. You can't always choose to shoot with ideal form when you're under attack.
So, my thoughts fork two different ways: the red dot has some real merit, especially for short-range use in compromised shooting positions, BUT rifle shooters would do well to practice with aperture sights and learn about gun fit and the proper ways to hold a rifle, also.
Personally, I have spent my money to put magnifying scopes or aperture sights on rifles. If I set up a carbine for serious defensive use, I'd probably put a reflex sight on it, but I'm not 100% sure I would. Profile, weight and reliability matter to me, also. Currently, I don't have a carbine set up for serious defensive use, since my living situation favors other firearms.