This is probably a good thing in the long run, meaning that it would push social interaction away from centralized governance.

Now, we don't know if Steem will be the one to take the advantage of the repercussions, it could be another player, but what we do know is that all these platforms seems to have a cycle with almost a clearly defined peak where the "solutions" they provided shined the brightest. (reddit in 2013 IMO)

I semi-abandoned Reddit a while ago, but mostly because most subreddits I used to visit started to turn a little to toxic.