What you are describing is a wonderful result that happens to fail due to our economic system which requires everyone to constantly seek profitable activities to survive. If seeking profitable activity was optional, authors could write books as their passion drives them, and then share them with everyone for free on a global library. Most creators create because they want to do so, and the profit is incidental as they require some profit to survive.
But if we have an economic system that can’t handle maximum convenience of a free worldwide digital library, it’s worth considering systems that would allow for that.