IP is a fiction we created to encourage artists to create. Arguably it was a trade off where we encourage producers of creative works by giving them a limited monopoly for the benefit of the consumers. IP is a price we paid for the benefit of consumers. It's not an inalienable right.

As for sustainable incomes, I'm sure you heard the arguments about buggy-whip manufacturers going out of business when we got trains and cars. It really wasn't that much of a tragedy in the big picture of things.