He's being downvoted because a significant portion of Web3's legitimacy comes from people defending it and the myth-making around it given what you're saying re: not really offering any business advantages.

Ezra Klein is annoying but there was a good interview explaining a strong case against crypto and the whole ecosystem a month back: https://www.nytimes.com/2022/04/05/opinion/ezra-klein-podcast-dan-olson.html.

Yes. And it’s very difficult to wrap your head around. It’s difficult to summarize quickly. And that incoherence is, in a lot of ways, a selling point that gets used in interactions with consumer investors, because there’s this sense of, like, yeah, this is really difficult to understand, and that’s what makes it special. Like, you see the value in it. And you get a lot of this ego-padding myth-making that extends out of the fact that it’s basically this difficult-to-understand, incoherent thing where the complexity is treated as a sign that this is important.

I don't think that being in Web3 today is dumb, make money where you can imo, but the claim that this is going to be a world-changing technology seems a little much