Unfortunately, that ship has sailed.
The corporate social media algorithms do two things: Convince users that everything they believe is correct, no matter how crazy it is, and also keep them as pissed off as possible. We were never sophisticated or intelligent enough to discern truth from fallacies, and that's much harder to do now that fake information has become so sophisticated.
It will be interesting to see how the EU AI Act works out, because that will apply to external companies that have users in the EU, and therefore may force some of the bad actors to self-regulate. That said, I have zero faith that people themselves will decide to make better choices.