i think the assumption is that people will converge into what's valuable... but as the old saying says: beautify is in the eye of the beholder and to apply it to steem...
One man's shitpost is another man's gold..
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When you say "people will converge", you mean when things are superlinear? This isn't going to be true, unless you mean to say "a few top whales will converge". And that's the troubling part for me.
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I've long come to grips with the fact that trending was never amazing... it was different because of how young the project was.
Look at whaleshares, look at the amount of rewards being given... early adopters are potentially killing it... and its linear!
watch a year from now people over there complaining about the same things they do here.