Lots of people would like you to think otherwise. Now you know better.
An active multi-peer beamformer uses a single transciever complex using mathematical signal processing to transcieve multiple data channels to peers in parallel.
Some types of phased array antenna offer multiple focus points at the same time, but the electrical signals must pass through a transceiver complex for the different components to be combined and separated mathematically. In simplified terms, matrix multiplication is used to transform between parallel data channels and parellel antenna components; then the antenna geometry focuses them approximately into parallel beams.
It's not a transceiver per peer, but it behaves a bit like one for the set of focused peers at each time slot. Spatial separation by this method increases aggregate bandwidth, and therefore increases individual peer bandwidth when there is congestion.
Point is just that practical limits make things rather worse than what a subscriber might naïvely hope for.