Yes, see the sugar industry. I find it quite similar how both use brain hacks. It makes behavior extremely hard to change once people are hooked.
https://ourworldindata.org/which-countries-smoke-most
I think social media lands somewhere between tobacco and sugar. We don't need tobacco. We need carbohydrates but not refined sugar. Social media can be useful sometimes, but is often a disservice. The feeling of usefulness probably makes it more addictive than smoking. At least for me.