While I partly agree, I also disagree. I still use Instagram a lot to keep in touch with friends I've made in different places. Generally as long as they are making posts then my feeds have those posts. It's only when they do not and supposedly IG "runs out" that I don't.

Personally what I hate more is that there are some content creators I've been happy to support over the years and now instead of doing regular content posts they now do the "collab post" thing as an ad that looks like a regular post. Some of them may do but many do not.