What company cares about a users well being? The only companies that might care are ones where the population growth rate of humanity is the bottleneck on their new user acquisition and those companies are slowly morphing into sovereign nations already
They told us they cared about wellbeing. I made a feature that demonstrably improved wellbeing, and we had lots of data and surveys etc to prove it.
But it decreased watch-time on shortform (what we used to call TikTok style) videos so the Director made me delete it. That started my disillusionment process that eventually made me quit.
Money is the only thing that matters to them.
Take how Google sorts results by popularity while it is also the main source of "popularity".
The word means something different now.
This is a big part of it. Measuring how long someone stares at the screen is easy. It is in many cases a reasonable proxy for satisfaction - provided you mostly only care about the user as a source of revenue.
The social medias have demonstrated fairly concretely that it's a poor proxy if you care about the user's wellbeing. But they already got their bag, so they are hardly incentivised to fix that now.