Social media more promising or more perilous

Is social media more promising or more perilous? Why? Should it be regulated - why or why not? If it should be regulated, how?

1. the essay should be persuasive
2. use evidence to support your claim
3. the thesis of this essay is social media is more promising, but it should be regulated
4. pay attention to the transition between each paragraph
5. you can use any reliable source (website, blog, etc.), scholarly articles are not required
6. the structure of the essay should be introduction, body paragraphs, conclusions.