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What is the value of social media?

We all know it distracts us, takes us away from family and friends, where our only connection is maybe a photograph that could have been shared in person? Especially sites like this, where none of those characteristics exist, like seeing your family and friends? It feels as social media creates more isolation and loneliness than a smile in person while people stare into a screen to tell a story they could have in voice.

What gives?
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recall the history of the web and you will understand the meaning

initially the web was intended for the transfer of information from one person to another

then software bots began to be created

now it's bots

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modern social media has no real value but society has developed a habit of seeking social contacts on the web

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it's more complicated than that but that's roughly how it is
@Margot Yes I know the history, I was on the web in 1994. It was really first invented so the military could send messages. Social media would not have even been a thought then. I'm not going down that quagmire in thought, but they'd love having access to information like they do now.

I was talking in a more of a social perspective, but heck while you point it out... most of us now rely upon companies and technology once started by the military.