I would love to agree with you, but i think its a bit more complicated than that. Yes, that is a big element of it, no doubt.
But... hear me out for a second.
What about content discovery? What about incentives for content discovery? What about profitable curation for content consumers?
Do we wanna have 20% content creators 80% content consumers. Like... Youtube? Maybe...
I see your point, that is part of it, but the solution is layered. At least if we are attempting to grow at the scale I picture.