Nobody forces you to publish in Elsevier journals. Just publish it in a blog, where there will be comments. Out of these you make your choice whether the publication makes sense.
The ones to blame are univesities and grant commitees which use the impact index as The Universal Science Ruler.
It is akin to blaming Oracle for closing their databases. You do 'ot like it, move to Postgres, mysql or something else.
Yes, quality of publications will suffer for some time. Yes, papers (blog posts) will be more difficult to get to but it will settle down. Until we have open source science.