>Sorry to say I’d rather just have the commercialized editorial boards

Not me. Having a solid experience living in some far-from-democracy countries, I can state with all certainty that social platforms opened at least a crack to alternative opinions for a lot of people. Yes, they are full of propaganda, but I think they still provide more pluralistic picture compared to the world where old media ruled supreme. The real problem with those platforms is not "misinformation" (which will be everywhere anyway), buy addictiveness, and the fact they incentivize aggressive tribalism