I don't understand what you're referring to. How do you recommend reigning in a newsroom? Especially one beholden to owners and advertisers with interests directly opposed to those of readers? How do you as a consumer opt out of the financial barriers to quality reporting? The only answer is the peer to peer nature of social media and the internet.
Perhaps what you're missing is that traditional media has zero incentive to highlight the positives of direct communication between disparate populations, creating farcically-negative hysteria about the dangers of worldviews not beholden to giant interests (yes, including domestic and foreign state powers, but also individual entities with massive capital to throw around).
Not me. Having a solid experience living in some far-from-democracy countries, I can state with all certainty that social platforms opened at least a crack to alternative opinions for a lot of people. Yes, they are full of propaganda, but I think they still provide more pluralistic picture compared to the world where old media ruled supreme. The real problem with those platforms is not "misinformation" (which will be everywhere anyway), buy addictiveness, and the fact they incentivize aggressive tribalism