There are also many posts, which encourages engagement (at least ask one or more questions), but they do not have any comments. This is because most people focus only on their own posts, and they do not (or rarely) take the time to interact with others. There are posts with hundreds of upvotes, but zero comments. This is because of automatic upvotes. New users receive a welcome, but they rarely get long term support. Most engagement goes to people with high amount of Hive power. For example to dolphins and to whales. There are many content creators, but only a few content consumers on the Hive blockchain. This leads to a lot of disappointed users. And this is not a new thing. The same happened (and still happening) on the Steem blockchain.
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Again, just because there's many content creators doesn't mean the content is interesting. Whales and dolphins (mostly) got to be where they are by having the best content, and sharing it consistently. It is natural that their content will mostly be more interesting, and attract more engagement as a result.
That boost that newcomers get... it comes from whales, who are looking for new content creators that are worth supporting.
Most of the posts I've seen encouraging engagement (that were initiated by whales and dolphins) go something like 'Has (favorite cypto) finally peaked, or can it go further?'
I'm not saying your argument isn't valid... maybe there's a bunch of great content out there that I'm just not seeing for some reason. All I'm saying is that MOST of the small accounts I have seen, haven't been worth engaging with.