I'd like to focus on your strongest point, which is the cost to the companies. I would love to know what that increase in cost looks like. You can install nginx on a tiny server and serve 10k rps of static content, or like 50 (not 50k) rps of a random web framework that generates the same content. So this increase in cost must be weighed against how efficient the software serving that content is.
If this Github post included a bunch of numbers and details demonstrating how they have reached the end of the line on optimizing their web frontend, they have ran out of things to cache, and the increase in costs is a real cause for concern to the company (not just a quick shave to the bottom line, not a bigger net/compute check written from Github to their owners), I'd throw my hands up with them and start rallying against the (unquestionably inefficient and on the line of hostile) AI agent scrapers causing the increase in traffic.
Because they did not provide that information, I have to assume that Github and Microsoft are doing this out of pure profit motivations and have abandoned any sense of commitment to open access of software. In fact, they have much to gain from building the walls of their garden up as high as they can get away with, and I'm skeptical their increase in costs is very material at all.
I would rather support services that don't camouflage as open and free software proponents one day and victims of a robbery on the next. I still think this question is important and valid: There is tons of software on Github written by users who wish for their work to remain open access. Is that the class of software and people you believe should be shuffled around into smaller and smaller services that haven't yet abandoned the commitments that allowed them to become popular?