I see the opposite. I see an industry all too willing to throw away years of hard earned knowledge, experience and purpose built tools in order to chase the shiny tools the popular kids are using.
New tooling often follows a commom cycle of being light weight because they ditched the stuff that looked unecessary. Then slowly a whole ecosystem of plugins and libraries springs up to rebuild the missing tools. Like the bottom bracket tool in a bicycle tool box. I have never used one, but when I need one no other tool would work.
I do truly believe that there is mastery in advanced, long lived tooling and efficiency may not lie with a new language but in truly understanding a comprehensive set of ordinary tools.
Languages also tend to be just the building blocks for the real tools, which are the frameworks and libraries built with them. So I hesitate to throw away my hard earned knowledge only to re-learn another artisan MVC framework written in a prettier language.
I concede that the parade must go on though, and ultimately I have to pay the bills. If precompiled serverside React is where the money is then... so be it.