Earlier quoted context omitted.
Yes, we are part of some kind of Truman show experiment. Every form of media you consume, which in aggregate forms much of your perception of the world at large and reality in general, is engineered to manipulate you with a narrative to serve someone's agenda, be that advertising, propaganda, psychological manipulation, addiction or manufactured consent.
This is true but has got absolutely nothing to do with whether the balloon is being used for spying or not.
For example, nobody right now, except may be the US military, knows whether it's a real spy balloon, or really just a weather balloon. But the media reporting of it has framed it as a spy balloon with high probability.