I agree that is rather harsh. Children most of all need love and affection that is a solid base for everything else to grow on.
The response to avoid excessive pointless praises for every simple task it not constant harshness and lack of affection. There is a balance, but rather it is praise for hard work.
My parents never told me I was gifted or smart instead they always praised my hard work, and taught by example -- for example, never to half-ass a job, always try to do the best you can.
In the end I don't think I am gifted or better than anyone by some genetic fluke or something. However I am persistent and will never give up until I reach my goals.