I was one who for years believed that, "thicker was better". I no longer do. If you look at the overall picture, engines are lasting longer... Much longer than they used to, when most ran heavy weight oils. In the 60's you bragged at the bar if your engine went 100,000 miles without having to remove the heads for a "valve job". Now you don't change spark plugs or coolant until then. 100,000 miles on today's new cars is nothing. Many are easily going 200,000 or even 300,000 miles or more. That isn't because, "thin oils wear more".
Also, there are many other reasons new engines require the thinner oils. And why it's very important NOT to substitute them with higher viscosity versions of the same oil. For example, my 2015 Jeep Grand Cherokee is equipped with the 5.7 HEMI V-8. It has both MDS, (Multi Displacement System), and VVT, (Variable Valve Timing). Both require 5W-20 oil that meets or exceeds Chrysler Spec MS-6395 in order to operate properly. If you substitute a heavier weight oil, these systems won't function correctly. And you will have serious warranty issues if something gets damaged, and they can trace the failure to the wrong oil. There is a lot more going on here than phantom wear that really isn't happening. I put, "engines need thicker oil to last longer", into the same category that these same engines, "need leaded fuel to properly lubricate the valves". All nonsense.