If the AI movement will manage to undermine Imaginary Property, it would redeem it's externalities threefold.
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I do support intellectual property reform that would be considered radical by some, as I imagine you do. But my highest hopes for this situation are more modest: if AI companies are told that their data must be in the public domain to train against, we will finally have a powerful faction among capitalists with a strong incentive to push back against the copyright monopolists when it comes to the continuous renewal of copyright terms.
If the "path of least resistance" for companies like Google, Microsoft, and Meta becomes enlarging the public domain, we might finally begin to address the stagnation of the public domain, and that could be a good thing.
But I think even such a modest hope as that one is unlikely to be realized. :-\