I will say that the lengths the executive goes to to compare social media with tobacco degrade the quality of the argument in my opinion; science tends to ask the question and then seek the answer. Arguments like this seem to start with the answer (it's like Big Tobacco) and then construct the argument accordingly.
In the testimony, they explain it:
We took a page from Big Tobacco’s playbook, working to make our offering addictive at the outset.
Allowing for misinformation, conspiracy theories, and fake news to flourish were like Big Tobacco’s bronchodilators, which allowed the cigarette smoke to cover more surface area of the lungs.
https://web.archive.org/web/20210318063530/https://energycom...
If exec's views are science/truth. Then I bet you would have found execs in tobacco companies who thought they were doing good.
I don't understand why people are so against this? Isn't it possible that people do research to determine the validity of what they read online?