No imo. no real names, no real profiles, no following or friending people aka no connections, no chat/DMs, no personal updates, no tagging, no pictures/videos/stories
Losing touch with old acquaintances is just part of getting older. fwiw, my experience is that I stayed on social media (although I don't post anything, I just keep the account) and still missed huge life updates. I reckon about 80-90% of my FB friends don't post to FB or Insta anymore. They just don't post anywhere.