You're talking about being bombarded with choice 24 hours a day with the constant saturation of comparison of a person's ideal life against your own. Social media doesn't often represent an accurate slice of a person's life, but instead the theatrical, edited versions presenting the highlights like a "best of" episode of reality. Yet somehow, we present this as our existence.
Accepting this reality is part of the reason that we're in the troubled, polarized state of affairs that we're in. As social creatures, we've always succumbed to some kind of showmanship and exaggeration - but this isn't neighborhood anymore. Your frame of comparison was your immediate surrounding. We check the internet from our phones a dozen times an hour and then make desperate attempts to differentiate ourselves through online pissing contests of virtue. When we check back in with the real world, we're disgusted by the humans around us and how they're so indifferent to this cause or so blind to the suffering of these people.
I remember studies published data regarding media coverage of September 11th. We watched it over and over again for weeks and felt growing misery because of the unrelenting stream. In the Twitter age, it's constant. It makes us feel like school shootings are happening in our neighborhoods while every police officer is gunning down every black teenager they see. Our brains aren't meant to handle 24 hours of choice, comparing ourselves against 7 billion others, and misery. I'd wager suicide rates get worse before they get better. We have to learn to compartmentalize our worlds much better than we have.