During the Small Web days it was possible to get "caught up" because the web was mostly niche. Now that the web encompasses most of society it's not possible to get "caught up" in the same way. You simply can't know about everything.
The Overwhelming Web requires the opposite strategy from FOMO. It requires aggressive pruning, unsubscribing, and careful curation of attention.
The niche underground nerdery has turned into a tidal wave of mainstream bullshit and trying to get "caught up" on that is the trap of the generation.