I mean... you would be basically taking a complex thing, transforming and reconstructing it. What we want out of social media isn't a simple, legible function. The positives. You'd have to discover them.
If someone starts building with the intitial idea above, my guess is that they'd end up with some sort of custom feed that draws inspiration and inputs from social media... but isn't social media. It's something else that you can scroll, read and whatnot.