How is this different than the past two or three generations and television?
Personally, I grew up reading any sort of book and then switched to nonfiction and magazine articles. My habits haven't changed considerably with the internet. I may be an outlier but I don't enjoy video in general and don't watch it on TV or online.
My experience with recent children is that they read books, watch video on TV and online, play physically and with toys, and also play video games. That's almost exactly what my life was like growing up in the '80s.