What's your opinion: is social media becoming "less social" and "more media"?

What's the difference between social media and entertainment, and on which side of the fence do the major platforms sit?
When you really think about it, is Instagram a social app, or an entertainment platform? What about Snapchat, or TikTok?
Increasingly, it's algorithms that are defining what we see in each app, and in that respect, it's more about straight-up entertainment than it is about staying up to date with your friends. But what does that mean for the broader social media industry, and how marketers go about re-aligning their approach within this shift?
I'd love to hear some opinions on this.
Atention : Not a quick rich scheme ,takes patience, consistency and some work also