Wow. Eye opening.
I'm glad you're not leaving Medium.
Despite the issues, there are many positive aspects to the platform and the current trend will shift.
Follower counts have been de-emphasized on all platforms.
Precisely because they all want to better control what people see. That's why it's important to grab emails when you can.
The fact, when people subscribe for notifications medium shares their email with you is massive! Everyone should be pushing people to turn follow and subscribe.
I have so many thoughts, I don't know that I'm as brave as you, that I'd make a top level post about it.