I guess "hype cycle" is an accurate description, but it feels overly negative, in the sense that we now have a revolutionary technology that's still quite young and moving fast, and folks everywhere are trying to figure out how to leverage it, both to do new things, and to deal with the problems it causes. So it just feels like a high-energy time where we're going to have a billion ideas, most of them will suck, and we'll eventually find out where the real winners are.
Given that context, having a hacker site cover what's happening with that revolution makes sense. All that said, I agree with OP that it does drown out other cool things happening, but that's just how mass psychology works.