Current US intelligence officials [1] are among those serious people who seriously believe that social media is being used to influence American elections.
If you read any account of the history of the KGB and GRU (obviously the west does it too), so-called Active Measures are their bread and butter. It would be bizarre if they weren't trying to influence countries via social media
I believe that social media is being used to try to influence American elections, whether it actually being influenced is unclear, and I believe overblown. I've been party to enough multi million dollar brand campaigns to know the results are hard to measure, often less than believed, and generally a waste.
[1]: https://www.foxnews.com/politics/china-election-interference...