Indeed. It is.
> and health misinformation is costing a lot of lives today
Thats a pretty cynical view of humanity - should we ban motorcycles because they are costing peoples lives? What is so bad about letting people make their own choices?
> are you OK with hate speech on social media
I believe in "free speech".
For example, is it even possible for you to tell me an objective definition of "hate" speech or "misinformation"? I bet you can't since it ends up being whatever Alphabet, or Meta's truth and morality departments agree on.
Without ways to express yourself the internet will just turn into TV - where people who agree with the megacorps get to hear their own echos all day.