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With respect, I don’t understand your comment. You’re saying Facebook provides you utility. Well, FBs business model is they provide you a service in exchange for your data. You have the option of engaging in that transaction — using their service in exchange for your data. Or you have the option of not using their service.

Legally, I’m not sure how you can have it both ways, aside from either FB offering a paid tier (you pay cash instead of providing your data), or we shut FB down entirely.

What exactly do you believe is the solution?

Personally, I think social media is more harm than good. I don’t want to ban or control social media companies (my local officials aren’t even capable of keeping drugs and homeless addicts off school grounds, let alone dictating internet regulation). My personal choice is to not use it.