No that doesn't affect how I feel it about it at all.
I raised two daughters whose lives overlapped with the existence of social media, but who were well into their teens before everyone and their dog started using it. When they were young we asked our family to abstain from uploading pictures of them to the Internet because we wanted them to decide how much online presence they wanted for themselves when they were old enough.
I do sympathize with parents today, who have to deal with the fact that "all the other kids" are on SM and even some misguided teachers will undoubtedly ask that certain assignments be completed that require the use of SM.
But I still think this is 100% a matter for private households. Despite the fact that I would feel for my children if we subjected them to the "FOMO" of not being on SM, and despite the fact that I'm sure they'd find a way to get around our decrees if they really wanted to, it's just not the government (or anyone else's) place to parent my children for me and so people can (and should) do what they think is best for themselves and their families but can also fuck right the hell off if they want to impose any sort of parental decision on me with respects to media consumption or use of technology.