A fundamental problem is that there are no, or at least vanishingly few, unbiased parties left to report the reality of the situation to lay people. Journalism is near-universally funded by the same privacy invading advertising systems that they would be criticizing Facebook for building- and that’s putting aside the direct dependence companies have on Facebook itself.

Journalists aren’t stupid, they know what hand feeds them, and they are strongly dis-incentivized to call too much attention to the fiasco of advertising driven monetization models.