I feel something is wrong with this line of reasoning but I can't quite put my finger on it.
It has something to do with the flawed assumption that it is social media that "rips the fabric of civil society". What about the effects of the growing #inequality between the rich becoming wealthier and the poor even more impoverished?
#SocialMedia, despite all its flaws, is actually the only democratic tool able to increase global awareness about the fact that such economic inequalities, despite being a global phenomenon do not originate from some "others" (race, nation, religion), but from your very "own people".
The excerpt is from:
https://www.eurasiagroup.net/issues/top-risks-2023