For normal construction tasks, I don't care one bit about this one bit. And you shouldn't either.
We've found more sustainable ways to quickly grow trees and use machines to turn them into usable construction lumber. This is amazing! Basic construction doesn't need to have the finest, densest, knot-free lumber. It just needs to work and hold up for a useful lifetime. We don't use this lumber for windows or weather-exposed areas. It's placed neatly inside of your dry home and protected from the elements.
Combining multiple boards into a single, more stable board isn't unique to cheap new growth lumber. It's a technique that is even used with more expensive woods to produce a hybrid board that has better properties than could be easily achieved with a single board. Modern adhesives can be stronger than the wood itself, so the existence of a joint shouldn't scare people.
If you're doing a high end woodworking project, you're generally not using this type of wood anyway. You're picking a hardwood or one of the fancier softwoods.
I love old growth lumber and its properties, but modern construction lumber and the processes that produce it are a great accomplishment. Regardless, it doesn't matter because old growth lumber is a very finite resource and it's not repeatable to reproduce forever anyway.