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> the modern internet is a harmful experience for young minds

Because of the goal of advertising revenue as the ultimate driver as to build an addictive permanent scroll of slop on tiktok or instagram, and the desire of social media companies to build walled gardens where someone's entire online experience stays in their "app.". As you say, this affects young and old alike.

Capitalism. Your problem is capitalism. The so-called vaunted “free market.”
"free market" and "capitalism" are antonyms.