I think it's becoming better overall, not worse. Yes, there's a populism issue at the moment, but this is far from the first time that's happened. We're dealing with the introduction of an entire new means of communication, online media in general and social media more specifically. That brings all new hazards and benefits that need to be dealt with.

The era after the printing press was developed brought intellectual development, but it also sparked revolutions. Those didn't always wind up with that right people getting into power. It took a while for society to adapt and stabilize. I expect the same will happen with Internet communication.

I'm also hopeful because studies have shown that successive generations generally improve their abilities in abstract thinking. (I'm having trouble sourcing that statement, unfortunately). That's important for the economy because the jobs of the future will need that abstract thinking. At least in my experience, it also acts as a bulwark against bad actors because people with poorer abstract thinking abilities tend to be more gullible, at least when it comes to lies that they like.