One of those old scares which seems a little quaint now, not because the fears were unfounded, but because the feared thing came to pass and is normal.
Similar to old fears that family time would turn into TV time.
I'm not sure that there is comparable data available for depression since our understanding of it has changed over the last 30 years and getting consistent data is very difficult.
Our World in Data is not a suitable source for suicide statistics, especially if you're comparing different countries across time.
They don't tell you what populations they're using; they don't tell you how these different countries are counting suicide; they don't tell you whether the methods for counting have changed over time in these countries.
Back in 2009 some French website wrote an article about a man they call Marc L and they showed they were able to tell a very big chunk of his private life based on what he had posted on the internet. At the time everyone was shocked after reading this article. Nowadays everyone's life is out there on Instagram, FB, YT, ...
Just an other of these feared things that came to pass and are now normal.
You could add the matrix. We used to wonder if we were living in a simulation. I run often into teens running after VR goggles and explain they want to live tethered into virtual life to enjoy whatever life is possible without fear of death. And just last week a dude was too proud to explain that playing video games was better than looking outside because his neighborhood was too sad. Talk about escapism.