I don't necessarily see it this way because it doesn't factor in the airdrops from SMTs. Some of course might do that but it is going to be less than it currently is. the more organic curators there are, the less demand for bidbots also. Plus, as Steem price increases the whales will slowly divest and in time, there will be a greater distribution with many many more having some SP in their account for things like moving and steem-ua. A million accounts with 50 SP is more than the bidbots combined power now and that 50 SP will be active SP as users will have earning potential on it. This is not a short term process though and it is likely going to be like you say at the beginning.