I think this is true. However, I don't think I saw less bugs with `component(Did|Will)(Mount|Update|ReceiveProps)`. Lifecycle events are intrinsically about state management, and that has always been the root cause of many bugs. This isn't a React specific problem either. Back in AngularJS 1.2.x days, the $scope and digest cycle was the source of many bugs. In Backbone, people's two-way binding between views and models were the source of many bugs.
Are React hooks complex? Yes. I don't think they're worse than what existed before though.