I (mostly) think that people are taking it too far. "Containerization" is an old concept that has been done much better more than once (cf. Solaris/Illumos Zones and FreeBSD jails; I'll refrain from classifying classic chroots as "much better" though it's debatable).

Kubernetes is massively overcomplicated and has bitten off an offensively oversized problem space. The arrogance is staggering.

Ultimately, VMs and containers are attempting to solve the same basic problems, and while containers do have some cool features, there is no way that they justify the gross tradeoffs people are making in service of the fad.