Is oversight of and transparency into recommendation algorithms, to make sure they don't overprioritize vitriol and sow division, really creating an "Official Copy of Reality"? At this point I'd say our reality is actively being fractured by the effects of these platforms. The solutions suggested by Haugen, whose disclosure is driving this broader conversation we're having, are related to fundamental algorithmic design that feeds addiction and propagates completely false or harmful information – which is not exactly content moderation by the "powers that be".
If it bleeds, it leads. The corporate media has been the primary sower of division and spreads plenty of misinformation itself.
Polarization and vitriol precedes these platforms. Facebook, twitter, reddit, they all make it worse, I agree with that. And I would be in favor of requiring them to make their algorithms public at the very least.
But we must not give an even more centralized authority power over what's considered `harmful` or `misinformation`. You have to imagine this tool in the hands of your enemy because at some point it will be.