That's interesting. I just don't think there has been any research into holistically evaluating social networks. AFAIK studies mostly focus on small parts often with the premise to find something negative (e.g. effect of seeing other feeds with success stories).
Obviously a lot of people do in fact derive pleasure and some other benefits or they wouldn't keep using it.
"Obviously a lot of people do in fact derive pleasure and some other benefits or they wouldn't keep using it."
That doesn't follow at all. When I used to use Facebook it was based on an addictive compulsion but each time I used I realized it made my mood worse. My life got better when I stopped using the platform.
Microsoft makes money. The Bill & Melinda Gates Foundation spends money.
It's a bit strange to compare Mark Zuckerberg's money making organization to Bill Gate's money spending organization.