The comments on this article about Pentagram’s redesign of Mastercard’s brand seem to encapsulate design commentary these days. They range from “Such an elegant return to basics. This is wonderful. LOVE it.” to “1 min job, Draw 4 circles, Overlap 2 to make orange, Draw 1 red, 1 yellow. Done.”
Tacitly related, I stumbled upon the Dunning–Kruger effect just yesterday.