I think knowing the flipside of a coin is quite important and the way technology is getting ahead of us, it's sad to know that we are not strong enough to control that urge of being on social media or digital media in general.
Most of us (including myself) I suppose will be called hypocrites for using the very same platform to share our views against this very digital world but it is necessary to make some changes before it's too late.
Probably curtailing the use of digital media from school itself might help the coming generations to have less dependency on social media and the right education will hopefully make them understand the other side of the coin from the very beginning of their digital life.
We can't stop the companies so unless we make some change, it's definitely going not end well for mankind.