The situation has changed quite a lot with digitalization. When copyright was developed, giving up the right to copy something had low cost - you needed to have a printing press. Now you can’t even read a book without making multiple copies, so the cost of giving up copy right is a lot higher. The benefits to society of securing an exclusive right to control copies is possibly unchanged, or perhaps less as the writings can no longer be retelling of common stories (e.g. Disney movies from Grimm brothers; Shakespeare mixing popular stories into brilliant plays). I suspect making the timelines of copy right protection be shorter (as culture speeds up) rather than longer as we have done, due to the weirdly long lifetime of corporations, would fix most of the issues. Invention would be rewarded without the creation of IP monopolies and the restriction of mixing existing stuff as a creative method, and the loss of the right to copy stuff you have paid for all lessened.