Undermining the first amendment is the exact point.

It’s not enough to, as Meta is not coincidentally doing, normalize right-wing lies and hatred - it’s also going to be necessary, if the right is to win the proxy war they’re fighting on the behalf of their moneyed class puppet masters, to shut down left-wing media entirely. But that pesky first amendment gets in the way.

And this is a significant incremental step toward overcoming that obstacle.