Exyle is very uninformed to be honest, he simply repeats whatever good news he is told and takes optimistic views. He also uses strawman arguments to say any criticism of steem is dumb.

There is a simple principle at play here. If the economic incentives send an increasingly large amount of steem towards bad actors, over time those bad actors gain more power in the network. Once we reach a critical mass, where the bad actors have the majority of the power, the network cannot be saved.

I don't know when we reach that point. But it is clear we are moving towards it, with a majority of profits being captured by the bidbot operators.