Like most inventions, social media isn’t inherently bad, it’s how it’s used and abused. We are good at turning things bad.
I use it very little, mostly as a tool to keep in touch with family who are too far away to visit often. But I grew up when there were only 3 channels on British TV and one of those was frowned upon because it had adverts 😁
I worry for my grandkids, but then I’m sure my grandparents worried about the effects of TV.