I think your cause-and-effect analysis is flawed.
This is a direct result of profit at any cost consumerism that has resulted in the development of applications and algorithms that compete for attention.
Placing all the blame on corporations and none on the people who choose to consume as if they are automatons seems to be missing a big part of the picture.
Addendum:
Consider the wider trends, not just delinquency, but also depression, anxiety, suicidality, gender dysmorphia, and other indications the young'uns are not OK in a wide range of areas.