a just starting platform is being tried out with what works

Tell me you didn't read the article, without telling me you didn't read the article.

Every new platform starts out with an idea what type of content they want. People have been, and are, complaining about the algorithms all the time.

The big difference here is that we're decentralized and transparent, and everybody feels like they have a say. Of course they do, just not as much as they would like.

And yes, you see cheap content everywhere. Here too. It's just harder to monetize. Everywhere.