Wait...you mean no more free money without proving I provide value to the largest stakeholders?!

Well to be fair, witnesses are currently making tons of free money (~1500 STEEM per day per person, currently USD 1600+ per day) without proving they provide value to the stakeholders. Half of them aren't doing anything extra other than running a node, and don't even bother providing updates to Clains weekly witness report. This is as close as it gets to fictitious jobs paid off of the dilution of everyone's stake.