All that's changed for researchers now is they have to fork over a factor or two or more to publish in the same journals as a few years ago.
Pretending that things are fine now is dishonest imho. Business practices of the IP industry aren't suddenly a-ok just because you can pirate your way around it and pretend that therefore they aren't harming anyone.
So part of it is the university just needs to figure out how to appropriately reallocate it's resources?
I wonder how often the university employers of article authors pay these publication fees, and if those budgets are going up? (If university library subscription fees are not going down, then that's another sort of mystery to look into).
“submission in some electronic formats qualifies for a publication charge discount (Physical Review Letters) or waiver (Physical Review A, B, C, D, E, Applied, Fluids). Acceptable formats for the discount or waiver are currently REVTeX (preferred), LaTeX, Harvmac, or MSWord”: https://journals.aps.org/pre/authors/submission-faq#discount
How do you define exactly "predatory publishing" ? Every journal that is not one of the major monopolistic journal that profits from the work and money of others ?
To name and shame: Elsevier, Springer, deGruyter, Wiley, Nature and lots of other smaller ones.
On balance, open access helps the developing world far more and costs less: Because access to journal and conference articles is now possible. Before open access, article fees around $50 for reading a single article meant, that to write an article you had to spend the $500 on the roughly 10 (usually more) related articles you needed to research and reference. To even get to the stage of writing an article, you need to read quite a few, impossible with the sky-high subscription fees that even rich western institutions balk at. And as everywhere, university libraries reimburse publishing fees out of the subscription cost they saved.
Open Access is cheaper, fairer and especially beneficial to education in the developing world.
Of course reading articles costs nothing on SciHub, but I guess the people you are working for don't want that to be known, eh?