Maybe. That depends if OSS devs switch to this or not. This only hurts those making money off OSS which is fair. Think of it as contributing to improving the OSS.
But it doesn’t replace OSS and I think will produce different software. I can’t imagine many developers switching to this. I wouldn’t contribute to a project with this license because I don’t want to bother with some incremental level of income. I’d rather just donate time.