There has always seemed to be at least some element of pretentious snobbery in the arts, and it is most likely to attach itself to anything considered ‘cutting edge’ or ‘avant-garde’.
Poetry is no different. Think of some of the schlock poetry that erupted during the ‘beat’ period of the late 50’s and early 60’s. There was some truly great work produced back then, but there was also a deluge of vapid crap — anyone in sunglasses could spew off a bunch of gibberish to the beat of a bongo drum and it was accepted as ‘deep’.
The form eventually managed to make it through.
So I wouldn’t worry too much — meaningful art will always rise to the surface and survive the test of time. This too shall pass…