Yes. It's something I think about a lot. I'm 40 and it's a stark contrast. I'm sure I remember every toy I had. The Keepers, and wanting the blue one so much I even dreamt about it.
I remember distinctly going to a friend's house and marvelling at all the toys stacked in the lounge and wondering how any child could possibly have that many toys.
My husband is younger than me and every single xmas will spend 300 - 500 on stuff for our daughter. She has EVERYTHING. Her room is full of toys and it's a big room.
Honestly I don't see it as a good thing. I see it as too much. I've witnessed that it devalues things for her. If something is to be tidied up I have said 'fine, we will put it in the bin then' and she's gone 'yes, put it in the bin' rather than tidy it up, and during my high stress time last year I DID put something in the bin that was not even cheap and she did not care!
She is not a spoilt brat but that's the effect of having anything you could want. Does she dream about having a certain toy the way I did? I really doubt it.
She's lucky to have my husband I suppose as if it were just me it just wouldn't occur to me for her to have all this stuff. I would probably spend 50 - 100 at xmas and birthday and that would be considered generous.
When she goes to my dad's who has no internet she will say 'put this, that on' or 'what is this? (adverts) skip it'
She has no concept of TV. Only streaming services.
It's madness. I often wonder at what I've witnessed, this huge change in the world from what I grew up with (4 TV channels!, no remote! a few things, no mobiles, no internet!)