I quit it and my mental health improved. Many others in a controlled study found the same effect.
Alcott and colleagues (2020) randomly assigned 2743 adults to either deactivate their Facebook accounts for one month or not. This study also found that deactivation significantly improved subjective well-being and that “80% of the treatment group agreed that deactivation was good for them.” The treatment group was also more likely to report using Facebook less and having uninstalled the app from their phones post-experiment.
Source: https://www.afterbabel.com/p/phone-based-childhood-cause-epi...
Finally, this strikes me as the same playbook that big tobacco used in the 90s. "Doubt is our product," Michaels quotes a cigarette executive as saying, "since it is the best means of competing with the 'body of fact' that exists in the minds of the general public.