This is a bit harsh but not wrong. What in my opinion is especially interesting is that we have so many eyes on it already... (this is not necessarily a good thing)
While a lot of people are hating on NFTs or laughing at scalability we need to keep in mind that most development is happening in an open source fashion. If you think about the banking sector in general it is quite secretive and speculative and I believe a fresh wind was necessary and banks got the memo.
Another big problem I see in web3 is that projects are just trying too hard; in this sense we are way more aligned with the Dot-Com bubble. While we are stuck in 1983 (for now) everyone is promising 2050 by yesterday and it gets tiring quickly.
However, the internet was also intended for the individual and was taken away from us as platforms took over... The road to hell is paved with good intentions.