There has been a lot of speculation - you can find a lot of articles if you poke around and search - about ways to change the voting algorithms. In reality, it may never happen?

There has (so far) been one Steemit hard fork that I'm aware of... and I believe another would be required to change the way voting works.

In my limited understanding of how it all works, there are good reasons for those who put in the "sweat equity" to create the platform to have a greater say in who is recognized...

This sort of reminds me of that old joke in which a scientist confronts God with the arrogant claim that he is capable of creating a human being. God says, "OK, show me." So, when the scientist reaches down to scrape together enough materials for the job, God stops him and says "Un-uh! Get your own dirt."