I don't agree. Facebook has to make changes given the risk of regulation, reputational risk, recruiting challenges, and the mismatch in their own self-professed mission.
We can debate if the change will be substantial enough to truly change things (I'm doubtful), but they have already made changes due to this media coverage (hiring more content moderators as just one example).
Throughout history, media has always had to weigh the tradeoffs of informing people vs engaging people. Yellow journalism in the US was an example of when the engagement imperative overwhelmed the informing imperative, and the issues did lead to changes in media. Facebook is going through this same journey (though painfully and slowly).