Indeed, it depends on what type of value he meant. A lot of people would lose their incomes if there was no social media. It is not really about being social or

Indeed, it depends on what type of value he meant. A lot of people would lose their incomes if there was no social media. It is not really about being social or communicating. Social media is the subset of corporations that have established legal ways enable the transfer of money between people on the internet. Which is why non-profit social networks never really rise beyond a fractional percent of usage (ie, mastodon's 1 million), they don't ever try to solve (and cannot solve due to KYC) the primary use case of social media being a job.