It has. The well-meaning use of the word is trying to convey a sentiment that your views may not work for people who are less well-off or in various dire circumstances. Which is a good point to make, in context.

However, in the common use on the Internet, this word very often just stands for "you're better off than ${some group}, so your opinion is invalid and you should repent" dismissal/personal attack combo. Which makes knee-jerk reactions to its use, if not justified, then at least not unexpected.