> Which powerful, privileged people should get to decide what we are allowed to hear about?
Journalists and news media, bound by the respect and principles of their profession, fulfilled this function in the past. There seemed to be a time in the past where division between reporting and editorials were more separate. We've destroyed the institution of news media without a good replacement; now people are taking editorials (people's social media posts) as the equivalent of news.
> Is it even necessary for free speech to directly result in a happier humanity?
If not then what is it worth?
> What if it simply preserves the conditions that we need for progress
I'm simply not seeing how social media after a good 10 years of it is progressing anything other than the profits of its owners.