Indeed. The Fediverse is wonderful and so much healthier than corporate social media. But social media as a format has downsides for the human psyche, as does the internet in general (endless opportunities for distraction).
I don't think it means we shouldn't use these things, but these nifty technologies come with the responsibility to use them in a way that's healthy for our individual minds.
It's tricky. I've been pondering that too lately.