There's a lot of truth to that. People are blazing forward, without even looking at the past that's beyond the most recent trendy languages and frameworks. End result is that there's a lot of wheels reinvented, but poorly.
Learning Lisp was a particular eye opener for me. It was a gateway drug to discovering that there were so many things, so better thought out than what we have now (maybe because people did actually think about what they're doing back then, instead of releasing glorified CRUD apps "early and often"), and we're only sometimes slowly reinventing them.