Certainly some truth to that possibility, however, some research I’ve read has shown that even ‘younger’ folks are showing earlier hearing loss with one article stating that peak hearing has been shown to decline as early as age 14 in one study group.
Reason it claims is that these days kids are starting with the hand me down smart phone and ear buds when they are so very young. I didn’t get my first Walkman til I was a teenager, and we didn’t have MP3 players etc.
Kids can start in with the earbuds and such a decade earlier now, and listen for longer periods as well each day. As a result the overall wear and tear can show some measurable declines far sooner than any generations since WWII.