“Cancel culture”, much like “woke” and “snowflake”, are quickly becoming the pejorative smear of choice of right wing commentators and news pundits, but cancel culture and calling out negative influences in societies will ultimately have a positive impact.
Underpinning the flippant use of the term is a fundamental misunderstanding of cancel culture - its just a new development, social media has allowed people who historically didn't have a voice to call out celebrated people or people in power that may have done terrible things. For many people this causes a cognitive dissonance where they may respect or admire the person being called out or may be in some way invested in what they represent. However it is imperative to keep in mind that we come from a world where not long ago Michael Jackson was seemingly excused for being a pedophile because of this high profile and dysfunctional childhood. Things like this should not have happened, and cancel culture is a positive move for change that is ruffling the conservative feathers of those who want to maintain the status quo.