I agree & have been saying so
My view is for each "author" there needs to be 10 or 100 "viewers"
ie the number of viewers needs to grow for the platform to work
otherwise it is just a top heavy $$ pyramid the same as MSM.

The value of votes should be 10-20% to author & 80-90% shared between viewers.
Authors earn via volume or viewers.
Viewers earn by reviewing/commenting / participating
ie the flipped version of MSM

The only way I can see this happening or starting to happen is to stop whales voting wales so whales can earn for basically (in many cases) Sh!t posts of zero value, all due to bot voting.
So much minnow content is a great read. But with zero rewards & such slow growth they don't post very often after the first few.
this means we end up with single pic posts or YT links with zero value added. ie more cr@p clogging the chain. All the while the whales keep promoting the concept of "post great blogs & earn" .....
blogs are so 1990's anyhow. Who will really care in 2,5,10 years what someone ate for breakfast anyhow?

Despite a GREAT basic concept, that could really be HUGE, Steem does not seem to have current 'direction' that is sustainable IMHO.

Time will tell.