Peter has a classic case of "Illusory superiority". Because of the recognition he received in the very early formative years of the game development industry, he has come to believe he eternally stands on the pinnacle of game industry innovation and creativity no matter what he does, rather than treating each of his projects critically and individually.

This is like if someone was the best Chess player off of intuition in the 1500s and received great respect for it, then fell off as others studied the game more deeply, but still considered themselves the pinnacle of Chess skill in 2023 despite not coming close to a championship for centuries.

Peter Molyneux deserves respect for the foundational impact he had on the game industry. That does not mean that respect needs to carry over to literally anything he does today if the work itself doesn't amount to much.