I like the distinction you make between Steem and Steemit, and I agree that a lot of the existing social media giants might be seeing some new competitors based on the Steem platform.
The landscape is changing, and this is very exciting for software people my age that were too young to start careers during the dotcom boom. I'm researching the development side of this constantly so I can start building my career in this new age: the blockchain boom!
It is never too late!