It looks like content production is in freefall again, which accords with my own research and experience. In my mind, the question is not so much "is it falling?" but "where's the bottom?"

Before the huge steem bubble of late last year, we were looking at somewhere in the order of 3000 posts per month. 10 a day. I kind of wonder if the bot population that has grown up since then would be sufficient in and of itself to post and vote for each other more than actual humans did at that point.

I strongly suspect it would.