God forbid people use a license that makes it easier to turn a profit so they don't have to beg to stay afloat.
The “rolling release” model, where the latest version's proprietary but six months ago's version is libre, simply cannot be done with something like MIT unless you're willing to risk somebody else taking it all for themselves.
Can you name an IC that profits from their software with the GPL?
By contrast I know of a very well-known IC that profits (handsomely) from their software with an even looser license than the MIT - SQLite.
This is exactly what happened even when they used AGPL, something that was thought to scare cloud vendors, but instead it wasn't scary enough, so these companies had to invent new proprietary licenses.
Plausible used to be MIT, and exactly this happened to them.