“Craft beer” as far as I can tell just means overhopped. There’s nothing crafty about it beside swindling people into overpaying for something that tastes like acetone smells. So I think this article was spot on by including it.
A lot of the "overhopped" stuff is actually macro beer disguised as craft beer.
If you don't like it then that's fine of course, but I think it's hard to deny the amount of creativity and innovation that goes into making a really good beer.
But let’s be honest here — the “craft” people are the ones driving the entire industry forward. Look at how popular cider is, which had always been a niche thing before.
So the GP is correct. See also https://meaningness.com/geeks-mops-sociopaths
I think that the main issue is the knowledge about the real value is very hard to obtain and this gives the marketeers an upper hand to flood the marked with the fake information.