Power Creep - Good or bad?

Been thinking about this. We've certainly had a level of power creep with the addition of Prismatic and powerful Exotics/weapon types. Builds like Consecration Titan, Punch Hunter, Getaway Artist Warlock, etc have made almost all content a cake walk to even B-level Guardians.

While this can be fun to take advantage of, has it had long term negative effects? Has it made the game too easy and therefore boring? New content drops, you just steamroll through it and call it a day. Having to replay a mission becomes extra tedious because there's no challenge.

Buildcrafting, which should be one of the key elements of the game, is lessened because it inevitably becomes "why do this when I can just Consecration everything?". Or any build for a regular subclass gets viewed as lesser because "can't you do that on Prismatic?"

So what's the solution here? I'm not really sure. People love being overpowered but you also have to balance the content for new players, honestly even more than it currently is. It's hard to release something new without pushing the power creep even further bc people will complain that it sucks.