1. Live with the first amendment at section 230 as. That means things stay mostly the same. Big tech will continue to censor too many of the things I like and too few of the things I don't like. And we wait for the pre-internet generation to die off and be replaced so society can progress.
2. Restrict the 1st and force fact checking, fairness, neutrality, etc. This would get us back to a functional media/societal/democratic state a lot faster. But it would require pretty radical change. Also, the biggest losers wouldn't be big tech. They would be Fox news and similar orgs.
I don't see any other option here. I don't see that "regulating" (wtf that means, different things to different people for sure) Facebook but not Fox is productive or fair or possible even really.
Personally, I don't trust the current system to do anything other than beat tech companies with a stick for no reason but that they exist and don't pay enough in "lobbying". I don't see Fox or similar, much bigger propaganda/censorship orgs being touched. Certainly not on a bipartisan basis (and that's what's needed to do more than sneeze in Washington).
So here we are, and I am glad the right and left and (stupidly) fighting each other...
Thanks for reading, you may now downvote these inconvenient truths...