It would actually be more in line with the “Internet idea” of a decentralized network, not a massive hub and spoke arrangement.
Saying, “Hey, we already have some big corporations where copyright infringement plays some role in their business model, why not add a few more in the form of “Open”AI, and whoever else.” Is not a good argument.
The centralized server farms and behemoth corporations are in many ways representative of what the commercial internet has become, but are not a fulfillment of the original “internet idea.”