Traditionally they don't need to care about showing you good content to keep you interested, you're generally logging in anyway.
The proof is in the pudding: if you want a curated feed go to Tumblr or Mastodon. These spaces exist yet they're significantly less mainstream.
Why would we ignore the very mainstream Instagram as an example?
> you're generally logging in anyway.
When an app is established, sure. But providing new users a shitty experience in order to prioritise revenue is how new social networks fail.