If I could make one law get passed, I would outlaw algorithms on social media feeds (edit: and search engine results). Let them collect the data, let them target ads. I don't think those things are inherently harmful, or at least, no moreso than the old ads and surveillance.
But the seizing and algorithmic manipulation of the feeds, with the accompanying incentive that the whole thing fails if it doesn't turn a profit, is far more toxic than the gatekeeping of the old media emperors. The great promise of the internet in the 90s was that consumers of internet media would have complete control over our feeds, and get only the things we want and demand.
We have received the exact opposite, because people with money want to put their money to work, rather than work.
Someone said a long time ago that "The love of money is the root of all evil".
I'm not a follower of any particular religion, but that guy sure got it right on that point! Also, the only time he was recorded being violent was when he kicked the money-changers out of the temple.
How do we kick out the money-changers from the Internet?
Back to the roots of info transfer... it seems the tagging devices+apps tell us that we have achieved critical mass of node/relay density for an underground mesh network to work, if we can get enough people to run it . . .