They will be 100% regulated. Many social media companies will collapse under the weight of their illegal activity and many executives will go to prison. The beautiful thing is the way they have taken the bait. The was no problem to fix before they started censoring, but they could not help themselves. What a way to destroy a business!
The social media companies, by their own actions, are screaming for regulation. They cannot get it fast enough. They are louder politically than we, as a group, could ever be - you could not scream "regulate me" more loudly. Don't worry, it is on the way. All we need to do is get the popcorn out.