Social media may spoil the known relationship models but it will not spoil the future of young generations. For example, there might be less connection between siblings or cousins as we have experienced so far.
It depends upon the number of hours spent on social media. Suppose, if they use only as and when needed, it will not be a spoil sport for latest generations.
Every new technology has its pros and cons, same question invoked in the era of the transistor radio, it is role of mentors to direct the latest generation towards pros of every up-to-date technology.
It can be yes or no. Yes when we fail to teach them the bad side SM. Example, the use of social media has taken precious time of students. Majority do not spend sufficient hours on their studies, thereby resulting to academic failure which can lead to so many negative implications. The no stance is that social media has also enabled people to lead the live they value in the lens of capability approach of A Sen. People use the S. Media to make friends irrespective of distance. People have created social media platforms to educate their younger generations to learn their cultures and other important values.