Yes, and it's not just following lists. In today' era of cancel culture, it is also a liability for people to know whose posts one likes and zaps.
People are starting to get canceled solely based on whom they follow and which post they clicked like. Yes, some people do take their time (most valuable resource which they are granted a fixed, limited amount both in a day and their life in total) to sit there and dig through an influencer's extensive following list just to see if they have an excuse to cancel them if they see a person on there they don't like.
Things like following people just to see their shenanigans or "know your enemy" principle never cross their mind. "If you follow someone, you MUST support them, and how dare you support someone I don't like!"
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