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.
I am sure they taped a lot of footage and they selected to show and also select tiger mom/dad more than anyone. The most likely conclusion the audience will get, is the "child genius" is the product of helicopter parenting. At least that was true from what I have seen so far from the show. I am afraid the show negatively portrayed the gifted kids. At least I am glad it's on lifetime and not a major network.
Another similar show is planning and recruiting the gifted kids (through Mensa) and promise to be on major network.