There must be a balance. Recently I met some people that were constantly filming and taking pictures of everything. It was ridiculous IMO, for the same reasons OP mentions. This is not new. For me, it began with the rise of the smartphone. So I made it a point not to waste my time photographing things. 10 years later, I regret having essentially no pictures of anything. In particular, no "good" or "frameable" picture…
When I was an exchange student I lived with other people and we went out partying every night, had a ton of fun, and still had a ton of fun rewatching pictures of the night the next day. This was a time where you'd have an actual camera. Sometimes me and friends from that era share back the pictures and have a laugh.
10 years report: Nowadays google photos regularly shows me those "memories" from years ago of my kids (turning 9 and 11), and about half the time I share them back with my wife and viceversa, and we get moved a bit or have a fun moment.
I really don't see why taking pictures would ruin an experience, unless you go _wildly_ overboard to prioritize the picture.