We lose this when everything is recorded forever. Stated more eloquently: https://twitter.com/BrianRoemmele/status/1681340407857422336... : “I need to say this, even if it does not make sense until decades ahead: Human intelligence and a foundation of consciousness is just as much the ability to forget somethings as it is to remember. We will have to face eternal memories with AI technologies and this will be hard.”…
I'd argue the opposite, we've amplified this affect. Off-hand statements from the past recorded forever get re-examined through a new lens in the present. What previously might have been totally innocuous become a scandal later. Whenever someone rockets into being main character for the day on the internet, their entire history is pulled up and re-assessed.
So like many things, it's amplified by the internet, but largely for the negative.