I liken the problem you cite to the analogy of PhDs ... 600 years ago, the newly annointed knew ALL of European wisdom .. nowadays, the PhD knows a lot about three-fifths of five-eighths in the overall scheme of things ..
In similar vein, is it reasonable to expect the modern (ie younger) pilot to be able to maintain the manipulative and situational skills of yesteryear as well as keeping on top of increasingly more convoluted and complex electronic systems ?
Or do we accept that the manipulative and cognitive risks of yesteryear have been displaced, to some extent, by the risks of generally improbably electronic failure .. and accept that, if the latter occurs in adverse conditions, the risk of hull loss may be higher than what a similar set of circumstances may have resulted in in the past ?
Indeed, is there an answer at the end of the day ?