I agree with that completely...except I think that articulates only half of the problem. The other part is a profit model that sells human attention. The supply is finite but elastic enough that you can design for a maladaptive increase.
I believe the middle part while simultaneously believing the exact opposite.
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But in more serious terms, I think if you want to address the harms done by facebook, twitter, et al. the only way to do so practically is to great peripheral systems that eventually alter the whole online ecology.
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I'm not sure how to plan for that. But I do have cool niché ideas that I would like to explore, and I think that's what I should do.
End of conversation
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