People are silhouetted against the Instagram logo at Facebook headquarters in Menlo Park, Calif. David Paul Morris | Bloomberg | Getty Images

Using social media a lot won't make you feel more socially connected. Recent studies have found that people who wile away countless hours on Facebook and Instagram often feel more isolated, and are more prone to anxiety and depression. So Facebook is rolling out new features in the coming weeks to help people manage their time on these apps. They include: An activity dashboard that shows how long you're spending on Facebook or Instagram.

A daily reminder for when you're hitting your total time for the day.

A way to tune out notifications. These tools can be accessed via the settings page on either app. Instagram's product management director Ameet Ranadive and Facebook's director of research David Ginsberg published a blog post Wednesday describing the new features, stressing that the companies have a "responsibility" to understand how much time users are spending on these apps. They also listed a few partners that came together in March at its safety summit to discuss these issues, including school groups, researchers and academics.

Facebook is introducing new app settings to help users control how much they use it.

They noted that once these tools go mainstream, the developers will be able to study their usage and potentially roll out additional features. That might include things like comparing how much time people are spending on social media relative to their peers. The news comes as Facebook's stock is struggling to recover from last week's second-quarter earnings report in which it lowered its outlook on revenue and raised its forecast for expenses. On an earnings call last November, CEO Mark Zuckerberg had said: "I want to be clear about what our priority is. Protecting our community is more important than maximizing our profits." Zuckerberg first hinted at the company's interest in the "Time Well Spent" movement, which is led by former Google employee Tristan Harris, in January. Facebook this year also introduced other changes to its news feed to prioritize posts from friends and family. It made steps to filter out bullying or other offensive comments, although recent reports suggest that it has had mixed success with these efforts.

'A meaningful start, but ...'