I think what you'd see instead is a widespread destruction of some kinds of creative industries, combined with a retreat to technology platforms that enforce copyright with technological rather than legal means. See: the video games industry and the domination of consoles, the iOS App Store.

Video games are protected by copyright but it doesn't have much teeth, modulo occasional arrests of crack authors. What happened was not that people gave up on charging for video games, but rather it created a market for sufficiently secure platforms that piracy was very hard.