Exactly - subcontract as many human eyes as economically possible. But the numbers cannot ever work out - Amazon has, I believe, had to restrict 'authors' to publishing 'no more than 3 books per day', as they were slightly concerned there might be too much AI stuff overrunning the platform...
The approach seems to be to ensure there is some decent hand-picked stuff in the Medium storefront to inveigle enough passers-by, and the rest be damned.
I feel sure they could up their game on automated detection of both fake stories and accounts, but ultimately the orcs will by force of numbers storm the ramparts, of both Medium and society itself.