> businesses extract all value they can from open-source, but put back nothing
This has always been the case. Sometimes they give back by opening one or more of their components. Other times they don't. I don't see it as a problem. It doesn't usually detract from what's already published.
In cases where it would detract, simply use an appropriate license to curb the behavior.
> LLMs are just accelerating this trend.
LLMs might not prove sufficiently capable to meaningfully impact this dynamic.
Alternatively, if they achieve that level then I think they will accomplish the long stated goal of FOSS by enabling anyone to translate constraints from natural language into code. If I could simply list off behaviors of existing software and get a reliable reproduction I think that would largely obsolete worrying about software licenses.
I realize we're nowhere near that point yet, and also that reality is more complex than I'm accounting for there. But my point is that I figure either LLMs disrupt the status quo and we see benefits from it or alternatively that business as usual continues with some shiny new tools.