My family operates virtually entirely on open source software, and we self host most of it. Surveillance capitalism is the new tobbacco and you really can live a rich (and even tech filled!) life without it, I promise. We also won't be giving any kids smartphones. Too many apps literally designed to profit by exploiting the emotions of children.
We will however give them access to all sorts of entertainment their friends won't have access to. They can play with my large collection of mechanical puzzles, or read from our large collection of books. I can teach them to build and fly FPV aircraft, how to solder and make their own electronics, how to pick locks, how to write their own software, compile their own desktop operating system, how to build their own computers, how to build their own electric skateboard, how to setup a digital music player, how to navigate with a map, how to yoyo, do magic tricks, play board and card games, or play with any of the 20+ retro game consoles I have hooked up at any time. Anything they want to learn we will make the time to help them learn.
Parents who say "I don't want my kid to be unpopular, so I will give them a smartphone" represent a mentality I feel is toxic to society IMO. Would you also give a child weed/tobacco/booze to share with their friends to make them cooler too?
If anything, helping a kid grow up with a more diverse and balanced introduction to technology will help them have a perspective few from their generation will have that in turn may offer them significant advantages. Will they eventually learn to make their own money and buy a phone anyway? Probably. They will however have learned to not be dependent on it.
I get by just fine without a phone and I have a rich social life, endless hobbies to keep my mind engaged, and I own and run a b2b company. "I could never give up my phone" is addiction speaking, and knowingly encouraging kids to share in your adult addictions is even worse.