IMO, Yes and no. It spreads misinformation and people have a propensity for confirmation bias when spreading information, so if it's misinformation, it unintentionally muddies the waters.

For example - everyone is getting something wrong and no one says "Hey that's wrong", then they will run unchecked with information, creating a false feedback loop or an echo chamber.

If someone has something wrong, then people NEED to disprove it. There's an ethos here that if you disprove or dispute, you're a shill, a doomer or whatever. We should all be working to ensure only facts make it through, otherwise the signal gets jammed with static.