I think every single generation does that when they’re young. They freak out the old folks. Eventually they become the old folks, and then younger generations are freaking them out.
It’s like we forget how the boomers were criticized for their rock-n-roll music (huge amounts of panic). We forget that Gen X’ers were supposed to be a bunch of disaffected slackers. Rinse. Repeat.
It’s a choice to participate in the moral panic du jour, you know. I think Gen Z will end up being just fine, just like everyone else.
I played City of Heroes back before World of Warcraft came out. It was so much fun and I belonged to an active supergroup that was cool, but it all seemed to die off when WoW came around. Everyone left and I never did get another social group formed and ended up not playing anymore.