A lot of people are actually getting rid of their social media now. It was fun for a while but I think people are discovering it's doing more damage than it does good.
All I know is without MySpace and Facebook I wouldn't have seen many of my classmates shirtless and barefoot and sometimes even more. How could you not love that?
Not in the least. What it's done in terms of making such a wealth of information easily accessible is nothing short of revolutionary/transformative. It's the most significant technological advancement of the 20th century, IMO.