Age-gating requirements also force everyone to give up more personal information. To verify who can pass through their online gates, companies will collect even more data, and this further concentrates power in the hands of companies, rather than protecting people.

This really should be enough why social media bans are neither necessary not sufficient.

If anything, we should be focused on the real problem, which is abolishing the CFAA. It is a law from a time we didn't properly understand computers and computer networks and should be completely repealed with no replacement.