The last few years I really believe we are seeing a major paradigm shift in the market from knives being tools to fashion accessories/status symbols in the over $100 range.
Knife companies are just responding to the market, you can't blame them, nor argue with the success of those doing it. The customer should buy what they want, for any or NO reason, no mater how silly, and companies should respond to that demand, we're lucky to have that freedom.
The only bright spots for knife enthusiasts interested in function over form are that high end blade steels have come into some pretty affordable knives in the last couple years, and more production companies are using them. I also think in the "cheap" knives say under $100 quality has improved. I don't think QC has gotten better in the over $100 knives, perhaps worse in some cases, I think we've seen more corners being cut to save costs at higher price points.
That's where the positive ends for us, the marketing that people fall for these days is ridiculous. Super thick folders that are worthless for everyday cutting use. Companies refusing to introduce new lock technology to keep profits higher. Production knives costing $300-500 and the insanity created by the limited edition/sprint knife craze yielding even more insane secondary market prices. $500+ "custom" knives that are really production knives with someone's name stamped on them without significantly higher quality, many using average steels. Companies cutting corners in places they think most customers won't notice.
The high end production and "mid-tech" market is dominated by smooth handled Ti or Carbon fiber knives with no tactile grip, with inferior liner locks, jimping that's usually worthless, blade thickness and angles that are horrible for everyday folder use. Sharp handle/liner edges that are not properly finished, and in many cases average blade steels and QC and fit/finish that's not much better than than $100-$150 production knives.
There are some exceptions that are still keeping QC at top levels, using top materials, higher attention to details, and with function over form, but they are few and far between these days and getting more scarce.