The isn't really a "Red" thing. But a film/video production thing - when you have an industry thats perceived as glamorous its going to attract a lot of people of varying skill level. The frustrating thing is a lot of these guys only focus on the gear and having the correct (expensive) gear is the short cut to success. Clients also don't know any better and will assume because a person rocks up with a shiny 6k camera, they must know what to do with it, otherwise why would they have spent all that money. Red cameras do play well here.
Production is increasingly a rich persons playground. Clint's want high end gear, they don't want to pay for it. Unfortunately there are too many trustafarians spending 100k on gear and then working for free (because they don't actually need an income - parents will be paying for the east London pad). It gets very hard to make a living in many film production fields - you cut you price to the bone, even though you've got 15 years experience. Only to loose the job to an idiot Red user working and providing the gear for next to nothing. If the client can't tell the difference in quality any many will prioritise cool drone shots over a video that makes sense. Your kind of stuck...
I kind of gave up. I did a behind the scenes for a Ben Sherman shoot and it was very depressing watching a bunch of "Nathan Barleys", cocking it up because they were clueless but in the right set.
But as others have said the hipster dudes could be really talent - I'm not against talent and don't want to discriminate according to background. Its difficult making it even if your rich. But the Red effect is a problem, that it devalued production work. Too many people working and giving gear for too little. It makes a hard job harder.
My frustration has always been that I've always had to have a day job. I make films but that have to fit round paying the bills. I have friends that were at film school at the same time as me. The ones that were independently wealthy were able to focus only on film, work on building a reel - maybe doing full time unpaid jobs for a number of years. It was still tough for them - but they are a lot further up the ladder then I am. My career is in slow motion in comparison.
Still thats the way the world is, but I think the best way to try and level the playing field is work against unpaid internships and unpaid production in general. It does give those that can afford to do it a leg up, thats not wholly to do with merit