Not sure why the "us kids" comment. How come you aren't boasting about not wearing gloves and PPE? I've heard about "back in the day" how it was a badge of honor to be covered in someone else's blood. That shit ain't cool at all, but it does occasionally happen where blood does get on unprotected skin, it has happened to me.
Did we have to know as much as back in the 70s, 80s and 90s? No, not at all but that is advancement and not necessarily watering it down.
If I have an out-of-hospital emergency I definitely would want street medics and firefighter there for help. I am still shocked how often I've seen doctors and nurses loose their shit because they aren't use to having to think on their own or they don't have a team of 10 or 15 people there to back them up. I've seen it in firefighters and medics as well, just not as often. Most nurses aren't allowed intubate in a well lit hospital room, let alone lying on the asphalt of a highway or floor of someones home.