I'll have to respectfully disagree with you two and push back a little bit. While I'm also not the one to be afraid of spiders, for those who need this kind of feature, it's definitely something that can make the game more accessible to them. And, the best part of this is that it's hidden away in the settings, and you can easily just not interact with this option at all. Or, even better, you can turn this on for the memes — especially if the mode is funny as hell, like in Lethal Company or Satisfactory. That, or you might do that for the benefit of the viewers if you're a streamer or content creator.
And lastly, it's not really productive to go "Why haven't they also included this kind of accessibility?" Best to raise that concern to the actual developer and contact them directly, especially if you would stand to directly benefit from it yourself.
Otherwise, I don't feel frustrated about the "things getting watered down for the sake of being appealing for everyone", especially here. As I said, it's an optional thing, and you can just ignore this being an option altogether, so saying anything other than "That's cool, but it's not for me" is just wrong. And, in line with that philosophy, you're also welcome to exercise that notion on games that are a little too "catering for everything to be safe and appeal to everyone" and find some experiences that don't include these kinds of accomodations. What you can't deny is that there is a set of people that clearly benefits from this kind of experience being present in gaming, they have clearly not been served basically anything even 10-15 years ago, and that those kinds of people also deserve the benefit of being able to participate in video games.