If that’s true, you work somewhere very strange. Almost everyone hates dealing with assholes.
It's not a dichotomy, obviously. There are plenty of very smart people who are also pleasant to be around. But if they're either strong in soft skills _or_ in hard skills, I prefer them being asshole over them not contributing but being nice.
Of course the best is to have both hard/soft skills, which is not as rare as people assume.
No, these are the people who should be moved into management positions. They can spend time on all the soft-skill stuff that ICs don't want to spend time on, like dealing with upper management, leading meetings, etc. They don't need to have the best hard skills, just enough to understand at a higher level and communicate with others in and out of the organization, and they can refer to the experts in their teams when they need more detail.
Now, average assholes who self-promote as brilliant and hope no one will see through their crap, sure, plenty of those. I'd recommend against failing to see through their crap, though. They'll make your actually good engineers leave.
I'm thinking of the type that builds things that you can stack up against the output of others and comes out miles ahead. I have one of those in my team, and it feels like a force of nature: he independently does in a month what a team of five did in three, and his work is of better quality. Of course I'll cut him a lot more slack.