I'm not sure why this is sad. I'd much rather look at this type of photography than very studied, formal shots by earlier photographers. I love and practice this.
Eggleston, Saul Leiter, Stephen Shore (pre large format), Martin Paar, Harry Guyaert and probably 10 other great photographers of ordinary things that they elevate by keen observation.
I just feel like if you really want to see ordinary snapshot style photography, you have millions of photographs at your fingertips with things like instagram and you don't need a Leica.
I guess I'm a little cyncial about true meaning of this sentiment. I think the idea is that we need to be a little looser and less precious about our photography which I agree with but it seems to employed in the service of selling expensive cameras to amateurs who would just as well served by whatever is in their pocket.