It's probably a vast problem to analyse, but I can sense tangible negative side effects. Even though I don't use it that often, it does tickle a part of my brain that distort the sense of time and creativity. You become a passive consumer of idea and social validation, both of which (at least in my case) are shallow incarnation of the real ones (creating and having meaningful social bonds)
it's surprising that something "liberating" ends up backfiring that way, not that surprising but still a bit considering how hyped up it was not long ago.
it's surprising that something "liberating" ends up backfiring that way, not that surprising but still a bit considering how hyped up it was not long ago.