Good question from @austinhopper hoping for some improvements to steemit.
Not so much asleep at the wheel I think but more interested in developing the blockchain and attracting other uses for it than developing this one application we call steemit. I think they believe that's where the real money is at. When steem is trading at $4 I think the top devs in steemit inc., if they are also witnesses (many are), earn $2 Million annually just for running a witness node, assuming they cash out any of the steem they get paid. For them their fortunes are tied to the success of the coin which will in the future have more to do with what other applications come to them than how good steemit is. As long as steemit exists with a core group of content providers and curators - and it looks like there will always be no matter how archaic the social media platform becomes - they can get their share as either whales curating content or running a witness node, or both.
Even if a better, more polished social media platform like what @dan will probably come up with riding on his EOS platform, sucks the wind out of the sails of steemit and steemit becomes the go-to platform for only a couple niches of content providers, the steem blockchain can go to the moon with other applications. I get the feeling the devs are banking on that. IOW, Steemit Inc. doesn't really give a crap about steemit.com. They have bigger fish to fry.
As a case in point, here is another social media platform called appics about to launch an ICO, which will ride on the steem blockchain. Guess who's developing it?
STEEMIT INC.!!
Announced by Steemit Inc. 5 months ago.