I suspect their are far more viewers than people making content. The issue is 1 or even 10 viewers is no where near enough to support a content creator.
I find it fascinating that the distribution of resources is almost always NON-LINEAR.
Take capital wealth. Money. That is a heavily non-linear distribution.
Twitch is no different. If you use viewers as a proxy for wealth, it's fascinating that even that proxy behaves in a non-linear way.
I happen to have heard some interesting behavioral theories about why resources distribute in that manner. I'm always curious about what other people think.
I agree that the "natural" result will always be something along the lines of a Pareto distribution. That's bad news for my libertarian instincts, because I think it means that, in the absence of any mechanism to (partially) flatten this distribution back out, we inevitably see power accumulate more and more in the hands of fewer and fewer. https://en.wikipedia.org/wiki/Pareto_distribution