I think steemit could be very different in 5 years if it can survive this adolescent stage. By then we could have many millions of users and perhaps the whales will be a little less dominant as the middle class of dolphins increases. It may remain like the wild west, but spam and abuse fighters may be more effective. It's going to be interesting to see how it pans out
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Adolescent is a good word to describe the situation. We cant know for sure but by observing the early stages of other social media sites we might get a clearer picture.
Just like those that were on the top of lets say youtube, are nowhere to be seen today, the same thing will probably happen here. A filtering of sorts. It already started with Jerry and i think that was an actual milestone in Steems lifecycle.