I don't understand why people feel the need to downvote comments, only because they don't agree or they don't want to hear any critical thoughts about something they like.

Anyway, your points are certainly valid. However, they are not a "will happen", but rather a "may happen". In FOSS, it took some time too, to find a working governing structure for large projects. A respected BDFL seems to help. Who knows what would be the best set-up for hardware.

But it should certainly be tried.