I would say that there is, without hesitation. There are, most certainly, both pros and cons to technology. Our inability (or our unwillingness) to use technology in moderation is one of the cons, in my opinion. In this particular case, I'm referring to phones, TV, gaming devices etc. With the ability to retrieve a photo in seconds, play a game in minutes, speed a program up in order to watch only the portion of programming that we are interested in, all reinforces our addiction (perhaps this is too strong a term-perhaps not) to instant gratification.
For those things that take longer, we are apparently unwilling (or again, unable) to wait and either loose interest or get frustrated.
The solution, I think is to moderate out own usage of such technology and to teach our kids patience. That seems like such a subtle lesson plan, but I rarely see or hear parents teaching patience. Understanding that some things still require a longer time to achieve, learning that some things are worth waiting for, appreciating the fact that we all must wait for things we want at one time or another and all good life lessons.