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RE: Why are we paying $18,000 for repetitive low-effort content?
I'm waiting to see what the impact of the linearization of the reward curve will be. The downvote is the the only tool available to prevent over-rewarding at present, but if you use it on certain users you are inclined to end up in a tit for tat war of retaliation, and the down-voter is always presented/seen as an aggressor (even though they are just exercising their judgment on payouts, the right granted by the ownership of Steem Power).
Agree looking forward to when this happens, should hopefully level things out a tiny bit or these users will just make even more, but will be interesting to see