I'm over it.
It's useful for groups, some of the ads really are useful, it's nice to sometimes keep up with people that are far away, but the news feed has had done way more harm than good for our society, including my own life.
After the 2016 Election, Facebook posts lead to so much drama in my family that certain "branches" of the tree have unfriended and blocked each other and we haven't spoken since. My dad and I constantly argue because he will see some comment I made on someone else's post and have to give his own opinion, or read to me what the other person said back. There is no way to turn this part of the feed off.
Overall, it is a totally unpleasant product to use now. The only reason I want it to succeed is because I own stock from when I worked there.
Unfollow everyone, and you don't get sucked into interacting with the facebook feed. Use it for Messenger, groups, and events. I've been doing that, and facebook is a perfectly good communication utility without any of the grief.
Honestly, we as users should demand a simple switch that entirely disables the feed. It turns facebook from a socially messy skinner box into something benign and generally quite useful.
Periodically I go and read through the feeds of family and friends when they happen to be on my mind.