C’mon - a) none of us likely see $70/yr in personal value in Facebook; b) Facebook thrives on participation. It’s not like ads and PII harvesting are a consequence of people not paying, it’s the other way around.
To put in perspective, most of us would spend $70 on dinner with partner or friend because that one-hour experience, during a single day, has so much more silly value than a whole year of Facebook. Consider that.
Nobody “promised” anything, or if you listened to some futurist high on their own farts, joke’s on you. Those people still exist, btw, and are presently telling you fully autonomous cars will be ubiquitous in five years, and alternative energy can replace fossil fuels by tomorrow.
Global supply chain improvements have a far greater impact than providing you a “glorified mail-in catalog”. I think the attitude you expressed in this comment is a case in point of not seeing the submerged portion of the iceberg and thereby not appreciating the truly remarkable changes in the last thirty years.