> If people catch on to the fact that they are being manipulated and abused by the platforms

I am not trying to be funny or anything but this sounds like "if only fat kid realized that eating 10 apple pies before bedtime might be the reason s/he is fat" We already know what social media platforms are doing, not to just young people but to all people.

> If the government regulates these platforms

This is like saying "congressman care about our debt so they will vote to reduce their own salaries by 90%" - the government is not going to regulate tools they are using to control the narrative/masses etc...