Yep, the ecosystem is well on its way to collapsing under its own weight.
You have to remember, every system or platform has a total complexity budget that effectively sits at the limit of what a broad spectrum of people can effectively incorporate into their day to day working memory. How it gets spent is absolutely crucial. When a platform vendor adds a new piece of complexity, it comes from the same budget that could have been devoted to things built on the platform. But unlike things built on the platform, it's there whether developers like it and use it or not. It's common these days that providers binge on ecosystem complexity because they think it's building differentiation, when in fact it's building huge barriers to the exact audience they need to attract to scale up their customer base, and subtracting from the value of what can actually be built on their platform.
Here you have a highly overlapping duplicative concept that's taking a solid chunk of new complexity budget but not really adding a lot of new capability in return. I am sure the people who designed it think they are reducing complexity by adding a "simple" new feature that does what people would otherwise have to learn themselves. It's far more likely they are at break even for how many people they deter vs attract from using their platform by doing this.