A much less dishonest (or maybe just less naive) way to frame it is to ask whether we're okay with someone exploit systemic weaknesses in human nature en masse for personal gain and to the long-term detriment of those exploited.
This watered down idealized absolute interpretation of 'freedom of choice' is just so goddamn naive, and ignores pretty much everything we know about systemic flaws in human behavior and decision making. We can do so much fucking better than that.
Food industry is really bad too, they have been exploiting human weakness for longer, and they have mastered all these shady techniques in marketing and in their product composition. And the health damaging they cause is extensive
> whether we're okay with someone exploit systemic weaknesses in human nature en masse for personal gain and to the long-term detriment of those exploited.
Still doesn't seem like you've given it any thought...
If I go round giving people the 'choice' of free samples of heroin, with full knowledge that they're highly likely to become addicted and will no longer be able to choose not to parttake, and even with the intention that they do, and then I make bank, that's pure exploitation. And detriment there is definitely not subjective. Maybe there's a little more nuance to the equivalent in social media but it's not all that different, and negative effects on mental health are even more scary because they're not as blindingly obvious as the results of a physiological addiction.
Maybe you should try understand the limits of rationality in human decision making, especially with immediate vs. delayed rewards, then you might get some idea that choice is often more a function of the options in front of you than whatever might have the best outcome. Reality is just a little more nuanced than this oversimplified ECON101 libertarian ideal of absolute freedom of choice.
Ultimately we're not free if we're not free to destroy ourselves if we so choose.
It seems that most people want to burn huge amounts of their time consuming ad-laden social media, just as they did with ad-laden tv before it.