I would be one of those two generations. I dispute your point on two grounds: first, the internet today isn't what it was back then; secondly, I, and many of my peers, didn't turn out just fine.

Back then the internet was a wild west run by thousands of clever people. It was like living in a neighborhood full of people kind of like you. Nobody built it to be addictive or to cultivate attention. If you wanted something you searched for it. Nowadays everyone is on there and it's run by evil adtech companies. Kids these days are not having the experience we had back then.

It also didn't really do us much good. Already back then geeky types like me had somewhere to retreat to and we did. It took me years to learn real social skills and build a life off of the internet. When I see headlines like "Gen Z aren't having sex" I'm hardly surprised. They're not having sex because they're on the internet. What's more is nobody is learning to be an adult at all. People are in a adult bodies but still totally children at heart. They don't own anything, shun responsibility etc.