You are right about overvaluing posts. There is no point in chasing each specific case if the system allows overvaluing posts. STEEM has many clones. Most of them try to position themselves favorably against STEEM, noting that they do not have bid bots, only manual curators.

I think the best option would be to make manual curation more profitable than automatic and more profitable than content creation (for large share holders). The current algorithm had this goal, but in practice it doesn't work very well.

I've seen that attempts to make manual curation more profitable than delegating to bid bots have already been made. But it didn't work. This is a complex question that requires long and thorough brainstorming. A special discussion thread could be created for this. But all this has no meaning. Even if we managed to invent the perfect formula, these changes would not be implemented.

Despite everything, I believe that we need to involve all those who are willing and still reach a common opinion on what needs to be changed to implement the principle of fairer distribution of rewards. Then, having a ready-made decision, perhaps someday the appropriate circumstances will arise for the implementation of this decision.