Dude, all that you are doing here is telling everyone that you don't know how Facebook works.
Facebook already has a business platform, several actually. Plain Vanilla Facebook CAN be used for business, but it is hardly the only useful function. It works extremely well as a news feed or educational tool, and there are literally thousands of science and educational groups that use it and put content on it every single day.
You DON'T add all your friends and feeds in one day. Nobody does that. You add friends and feeds over time as new people join. When you add them you configure their importance to you on your feed as time goes by. It's not micro-management, it's just how social media works (I feel really stupid even having to explain this, because pretty much every moron on the Internet knows how social media works - but no ALL of them apparently). The rest of your second paragraph above is just the usual conspiracy theory crap that we have come to expect of you.
If it was feeding me what I DON'T want to see, I would have stopped using it a long time ago, and so would many have other people. Internet users are fickle and will move on to the next thing that they find useful or entertaining. Just ask MySpace. MySpace was a bubble that popped, Facebook and Twitter CAN actually trasnmit useful info.
Just because your feeds are full of crap (no surpirse there), doesn't mean all of OUR feeds are also full of crap. You TELL it what you want to see. It's no different to your computer. What comes out is as a result of the commands put into it.