This is a horrible idea. Why would an author dedicate years of their life to a book only to make no money off of it. Why would I spend time and money prototyping a new invention only to not see a dime from it as a big company steals my idea.

People need to eat and live. If you can’t survive by creating, you do something else instead of creating. How can people not see this very simple concept?

You could literally write the next Lord of the Rings and another company could print and sell the book, sell merch, and make a movie about it and you’d see 0 money. But no one would make movies any more because what’s the point?

All these indie games disrupting the gaming industry, gone. Game dev takes a lot of time and money, guess big companies will be the only ones who can afford to do it. The indie guy trying to sell his game for 5$ will be buried by a company that steals it and dumps a few hundred K into it to make a better version and the original creator is left with nothing.

People think about getting an the stuff from companies for free and forget that big companies would benefit most with no protection to the little guy. There is a reason why the rich want to do this, honestly think about it.