I really hope this weakens copyright. We can live without it.
It's a bad idea.
The thing about copyright law that needs reform is its bias toward the benefit of large corporate entities. Platforms' implementations of DMCA compliance allow "rights holders" to spam perjurious takedown requests en masse, garnishing the earnings of creators and legitimate rights holders in what can only be called (in addition to perjury) outright fraud. Companies like Github scrape the web for content, most of it copyrighted, and use it to construct new products for their own profit. Rare recitation events aside, I think their use case is legitimate fair use in the eyes of the law (and if you look at my comment history you'll see me vehemently arguing to that effect), but should it be? We don't seem to be asking that question, which is really disappointing--we're either complaining loudly and without substance, or blithely accepting the might-makes-right ethic as the central pillar of our IP law.