I think you may be misapprehending the argument. The value propositions that people cite when talking about why they use Facebook are certainly understandable. However, there is a cost incurred here (ex. questionable usage of private data, externalities imposed on elections, loss of understanding and control over what shows up in your feed, etc.)

So yes, there is certainly value there. And it's made even more attractive by the fact that the actual cost is effectively hidden to users since they aren't actually the customers. The argument here is more about whether the cost incurred is actually worth the minor convenience.

Tangentially, I've often thought that the added convenience necessarily cheapens the interactions. Things like the automatic birthday reminders have basically outmoded the old "it's the thought that counts" adage.

I'm not. You're arguing about whether or not the losses of using Facebook are worth the gains. The other comment wasn't, it was asserting that Facebook is not worth it under any circumstance.

They are both depriving the user of freedom to choose to compromise their privacy for convenience and asserting that the user is inherently flawed because they even thought they had such a choice. They aren't just arguing that the individual should reconsider their decision to use Facebook, they're arguing that they need to reevaluate their life.

There may be value, but there may be more value in not having your privacy violated.