If I had precise control over what feeds I see, I'd agree with you.

But they insert ads and content I've never subscribed to, with no way to prevent either. They also selectively suppress content that I have subscribed to. That doesn't sound like a neutral conveyance of information. In fact, it sounds like they're already exercising the power you'd prefer they not have, according to private algorithms and policies that offer none of transparency or accountability that comes with public regulation.

Whatever you'd prefer, it's already disappearing from the rear view mirror. Facebook 2024 is not Facebook 2008, nor are any of its peers.