This will contribute to and/or perpetuate your burnout.
If you're overwhelmed and burned out, the last thing you need is to spend more time in front of screens and more time consuming endless streams of content. News content and outrage bait is especially bad at burning people out. It's easy to spend 30 minutes on Reddit or Twitter and feel like the world is collapsing around you.
Put down the phone. Do literally anything else. Meditate with your eyes closed in a quiet room, or go outside and go for a walk. The more often you do this, the better you'll feel.
And to answer your question: No, we're not all burned out. I have noticed that burnout-prone people tend to cluster together in bubbles where everyone amplifies each others' cynicism and pessimism. The rest of us prefer to build some distance between the chronically cynical people so we don't get brought down, too. Make a point to break out of your bubble and find people who are more like how you want to be.