Agreed. I keep waffling on my feelings about it. It definitely doesn't feel like our laws properly handle the scale that LLMs can take advantage of 'fair use'. It also feels like yet another way to centralize and consolidate wealth, this time not money, but rather art and literary wealth in the hands of a few.
I already see artists that used to get commissions now replaced by endless AI pictures generated via a Lora specifically aping their style. If it was a human copying you, they'd still be limited by the amount they could produce. But an AI can spit out millions of images all in the style you perfected. Which feels wrong.
And you can absolutely trust that tons of executives will definitely not understand this distinction and will use AI even in areas where it's actively harmful.