Yes, I hate awards. In my own experience, awards have only inflated my ego, and has not led me to become more productive or passionate about the things I excel at.
It made me complacent and less likely to go above and beyond at work, possibly because I have the feeling that I've already "reached it", whatever that means.
The smartest PhDs I've ever met in Silicon Valley NEVER TOLD ANYONE they had PhDs. The dumbest ones ALWAYS led with "I'm a PhD" or "call me doctor"!