I really don't think there is a good faith way to regulate it without either violating free speech and/or removing online privacy/anonymity. I strongly believe it should not be regulated, though I would support better educational programs on the dangers of social media usage and other dark patterns (and somewhat related, I would remove most screens from (public) schools).

What "free speech" exactly? Do you think that such a thing actually exists on platforms controlled by giant corporations? This "free speech" is heavily regulated by opaque algorithms and very specific terms of service. It's "free" as long as it aligns with the company's values and business goals, and your opinions will only reach other people if the algorithm decides that promoting it would drive engagement.

There is definitely a risk of governments using this as an excuse to encroach upon civil liberties, as they've done in the past, but this is not a black or white issue. The reality is nuanced and passing regulation requires careful discussion and balancing. I'm sure we can agree that regulating Big Tobacco and Big Pharma was a good thing, and not some civil rights issue, so why is Big Tech different?

We can also work on educating people, as you suggest, but it can't be the only solution. Regulating greedy and predatory companies should be a part of it.

It's amusing that you would rather support a ban on screens in schools, than regulating companies that make using screens harmful in the first place. It's very reminiscent of the blanket "TVs are bad" argument from past decades.