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No the interpretation is that the more we could prove it if real, the less we do

Sailors saw mermaids all the time too, I don't think they're all hiding under a rock since we invented the camera

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sailors also reported seeing kraken as well, they were eventually proven right with the giant squid.
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Exactly, that's the point : if it's true/right, we are now able to prove it with evidence. If it's not, suddently we don't see it anymore.
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They reported seeing a lot of other things as well. Rationalizing that as "they were right about big squids existing" is a bit of a stretch.
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Wait, your argument is that aliens and bigfoot are just camera shy?
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