Or not.
The point raised above was whether the public was better served by having these platforms. They’re not. Drinking from a fire hose is bad. Yes, I know it’s a metaphor - but if you actually tried to drink from a firehose you would be injured, perhaps quite badly. We don’t replace water fountains with firehoses and then blithely suggest we’ll learn how to adapt.
Instead of a small number of news sources that faced enormous financial incentives to keep their reporting accurate, we now have access to a near-infinite number of news sources with varying degrees of inaccuracies. You have more choice, but almost all of your new choices are pretty bad.
Yes, there is a reason. Several. First, there’s too many different news and information sources for that to work. Second, these new information platforms face enormous economic incentives to have their users not to engage with ratings standards. Third, that takes enormous amounts of time and resources both for producers to produce and for users to use. And fourth, many (most?) users won’t want to engage with those ratings standards.
Again, the product that’s being sold is access to a “news” source that tells you exactly what you want most to hear and that you can (falsely) believe isn’t just telling you what you want to hear.
It’s the “unsafe food” situation. When you go to a grocery store in the US, all your choices are limited only to safe foods. Foods that have passed some minimum health and safety standards (for the most part). If grocers were permitted to sell food that was spoiled, adulterated, contaminated, hazardous, or falsely labelled then you would have a lot more choices. Choice is good! So we should let grocers sell all kinds of terrible unsafe food! Consumers that care about food safety can research the ones they want, and everyone else can just do their own thing with more choice!
But we know that intuitively that’s wrong. Because although having more choice is a positive thing in the abstract, adding tons of bad choices to your options is not a positive thing. It’s a bad thing. It makes it harder to get to a thing you want, it increases the chances you get a thing that will damage you, and the transactional costs to avoid both of those negative outcomes are quite high.
So, no - having more choice isn’t always a positive outcome for the consumer. Because the benefit of the choice can be outweighed by the costs that come along with it.