There's a low grade moral panic about the state of Generation Z, fueled by bizarre Tik Tok videos, stories of teen girls suffering depression from not getting enough likes on Instagram, etc. But moral panics over the degeneracy of the youth are recurring features of our society. The hippies, the goths, etc. surely inspired similar reactions.
This is not to say that all is well with Generation Z. They have had too much unfiltered, unrestricted access to social media technology, but if the past is a guide, there will be something of a correction going forward as parents and societies try to foster a healthier relationship between kids and technology. Just as many of the hippies ended as yuppies, many of these Generation Z kids will surely end up much different in mature adulthood than they are today.