Interesting, as there have been a number of competitive game shows on TV for years and of course sports competitions are common.

While there is good and bad in everything and the series could result in exploitation and furthering negative stereotypes, it could also help raise awareness of giftedness and acceptance of gifted individuals. The "cast" or contestant profile pages are interesting. The point about the kids connecting with one another is a strong positive.

Inspired by this thread, here is a thread on another TV show featuring talented kids.