Without a ranked/AI-managed feed I'm not truly in control of my feed - without it, I'm forced to curate who I follow based on different criteria to what I want.
It sounds to me like you are describing the opposite: being more in control than you would like.
The latter point of view is the one that is actually useful to me, and so the one I choose to take: I want to be able to see limit subsets of content from people that they label poorly (so following tags is insufficient) and without having to see everything else they post.
I'm perfectly fine with people preferring chronological too - the two can coexist. It doesn't even require any changes to Mastodon to do what I want; just a tiny ActivityPub server that processes my timeline and emits boosts to an outbox that I can put in a list is sufficient.
If you're in control of your feed, and your feed is filled with noise, I wouldn't call that a Mastodon issue.