1) A lot of people would immediately stop contributing to open source. In fact i ahead have because ML is being used to launder my work to use it without resourcing my licenses. Same with any other area where people share their work for free. It would all be monetized by those with access to better advertising.
2) Anything published would be immediately scooped up by the big players. How would a small competitor like Nebula compete with YouTube if YouTube took all its content and offered it for free with ads?
3) How would you even know who the original creator was if those stealing the work stripped away attribution? They already do but at least you have some limited ways to fight them.
2) what do you mean "scooped up"? What's to stop a small platform from providing the same content that a large platform does, if we've done away with intellectual property?
3) I'm confused. If you're paying somebody to create a proposed work, and then they create it and get paid for doing so, and then nobody is allowed to restrict access to it, where does the theft come in?
You have to understand in this world, advertising and network effects are much stronger than building a good product.
2) Again, advertising, cost of storage, having a better (meaning more addiction inducing) algorithm, etc.
3) You said it yourself, people have to create something first (which will be stolen or as you phrase it, unrestricted) so they can prove themselves so that anybody pays them to produce the next thing. Or would you pay a random guy with no credentials and no portfolio claiming he can create what you want?
Or what if somebody creates something really good but it's a one off. He changes hobbies, has children, has to care for an elderly parent, ... and doesn't have time to create more. Should he not get paid for the value of his existing work?
Your take basically means people will only get paid as long as more value can be extracted from them and then they're no longer economically viable so screw them.