For so many years I've usually enjoyed the big award shows, even though they've always been just a big display of narcissism. But they've usually always been very entertaining, and it's also been cool to watch which movies and actors got praised etc.
But the last few years (2-3 years, I think) these shows have turned into some toxic display of self-righteousness and virtue signalling from a group of people no one can really relate to - and who all live in a bubble of who-knows-what, but it's not the real world the rest of us live in, and it's just so damn cringeworthy to watch them try to take a moral high ground, when you know how rotten and dirty all of Hollywood really is.
For those reasons, I've not even watched a single award show for a few years now. I do, however, often watch the opening monologues in hope of something funny (Fx Ricky Gervais has always been damn good at those).
I'd watch an award show if Chloë attends it, though.