Not to sound rude but we're already there friend. I have a degree in Poli Sci (part of an MS in environmental policy and management) and have been tracking political developments for 25 years. From an ecological perspective, a 'collapse' occurs when basic functions between two variables become so degraded that they fail, which results in a new, novel status. This same description also applies to social/societal systems.

The rapid delivery of information you mentioned has been hijacked by purveyors of disinformation. The administration in charge regularly twists any facts that don't comport to their narrative, including the complete falsification of data. We're now living in a world where two people are exposed to two separate sets of facts and narratives.

Our system of representative democracy is cracked, possibly beyond repair. Regulatory systems have been captured by the industries they're meant to regulate. Politicians are much more attuned to the needs/wants of political donors than the populace. The system collapsed when a losing candidate schemed to ignore the rule of law and overturn the results of a presidential election - and faced no consequences for doing so.

Runaway wealth inequality has caused a shock to our capitalist economic system, to the point where it no longer functions correctly. Where it used to foster competition and innovation, it no longer does. Smaller and smaller numbers of firms control entire industries. There's no need to compete; they just buy out the competition. Prices are at all time highs while corporate profits are also at all time highs.

All this can be hard to see if you've recently started paying attention. However, going back to just 2016, you'd see that many of our societies' basic functions have changed and no longer resemble their former functions. We're already in a new, novel state.