What a lot of people don't seem to get about autovotes is the distribution. Currently, I have something like a 7 dollar vote. if it was a 70 dollar vote, would people want me voting 10x a day on what I read? What about someone with 2 million HP and a 700 dollar vote? At that point, they will complain and say "That's not fair, the big accounts should distribute" but if they are only "allowed" to vote on what they read and they read the same people daily, it is going to be a lot of 100% votes on a small number of people, as they can only read so much. If they set say, 20% votes on their 10 favourites, they would be more open to pushing the other 8 full votes out to randoms, perhaps through curation initiatives or other ways they discover them.
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I guess I thought I understood autovotes. I don't dislike them, I don't have a big enough one to really count. I use autovote on a few people, the rest I manually do because I may do a higher percentage as my vote is smaller. I have often wondered which be more beneficial. A tiny vote that counts for almost nothing, but distributed widely or a few well place good votes? I understand the distribution in theory and I guess I was just looking at it wrong.