I agree and disagree.( which is normal)

Medium is still a brilliant platform to write, and not because of the money $$$- because of the message you can deliver with it.

As it is SEO optimized if you write a good piece of knowledge, tips that help and improve life of others.

In short - Solving an issue.

You have a chance that people will know that you have value, you know what you are talking about and look for more.

It is important to see the big picture - Share your knowledge to connect and serve. Not for $$$-

As this comes once you switch your mindset.

But yes, of course it is discouraging when you publish an article you worked 3-5 hours and then 1 person reads it if you are lucky. But I think it is MEDIUM way to make the most persistent to stick to the platform. But of course things change and always will change. This is why early adopters get the best benefits.

I would also suggest to join CLUBHOUSE and share the same article story over there, it has done quite some magic for me.

All the best-