I have been seeing this extraordinary hate for nft, i find it really irritating, i can understand some criticism but the way they make it look like it is a sin. I mean first of all art is subjective, the points they use to criticize can be easily applied to modern art. For me most of modern art is crap but it has value because people believe in its value simple as that. Even currency is just a paper but it has value because people believe in its value. This is somewhat same hate bitcoin gets even to this day. And i know the same people who are criticizing NFT will be first in line to get NFT once it become more common and once they see profit.
I would guess that this is just part of the normal hype circle that happens with every new type of trend that appears in general but especially in the crypto space. First there is a new project that is doing something new or is trying to do something new then this project gets a lot of traction and attention in the media and the social networks. The early investors of that project make a huge profit and even those that are investing in the next projects of the same type still make nice profits. Then there are more and more copycats coming that are just trying to make a quick buck by copying existing projects and sooner or later people get fed up with it and don't like this trend anymore.