For a few perhaps. I finally got mad enough at facebook slop to quit checking every day. I still have an account, but check it maybe once a month if I think of it (generally because my kids do something cute and I want to share the photo with my family). I don't want to see the right/left wing "you need to be outraged about this evil thing the left/right wing just did" (both sides do it, if you don't see it either you need a more diverse group of friends, or you are not honest about people you mostly agree with). There is value in facebook, but it is at most 5 minutes per day - and that doesn't pay their bill so they want the slop.

Of course I lose the most from the above. There are a number of events that are only spread on facebook and so I don't find out about them. Facebook has mostly replaced craigslist.