I used to think the same way, that people have always overreacted to new technology.
But over time I’ve started to feel there’s at least a bit of truth to some of those moral panics, and it's not correct to dismiss all. I remember laughing at an old article about “calcu-holism,” basically the idea of becoming too dependent on calculators. At the time it sounded ridiculous, but looking back, the point wasn’t that bad. Reaching for a calculator to do basic math is a silly habit, a sign of extreme mental laziness. And it's inefficient too.
I’ve noticed something similar in myself with attention. I remember reading The Power Broker, a 1,000+ pages tome, in under a month. Now I struggle to finish books that are a fraction of that length. And if it feels this way for me, I can only imagine what it’s like for teenagers who’ve grown up with smartphones their entire lives. Possibly, being completely engrossed in a book would be an alien experience to them.