This is probably the "Glenn Gould syndrome" a sort of swelling of the ego, which affects some performers. But in the case of Gould, gestures and facial expressions are always meaningful in relation to music, whereas here it seems to me that there is a discrepancy between the exaggerated gestures of the pianist, and the simplicity of this music. This product, in my opinion, an effect a bit ridiculous (but this may be the goal, I'm not a fan of Keith Jarrett, my opinion is totally subjective).
In burlesque, however, I prefer largely the famous sequence from the film Limelight, in which Chaplin plays the violin, accompanied by Buster Keaton at the piano: it's absolutely hilarious, but it's also very moving.
Keith Jarrett still has progress to make...