I bet you Sky news gets more views through social media than TV broadcast these days! Many of their hosts are all over X, spreading misinformation. They are downstream from social media now, not seperate from it I suspect.

Murdoch benefits from the political agitation that the landscape of social media provides.

I do agree on making platforms moderate themselves. This legsliation helps do this by creating a discussion about the harms, enforcing a culture of harm (this is not for all ages, not default for everyone). Saying to the companies: "Hey, if you don't want to be regulated, clean up your platform so it's safer". Will that happen? no idea, but if it doesn't, no children is still a good goal (it's how you get there that has the contention).