The whole point of fair use is that the license doesn't matter. You can have a license that says I'm not allowed to use what you wrote for any purpose ever and I can still use it under fair use.
That said, copilot itself is not a replacement for your open source project that it was trained on. The code it generates may or may not be, but that's probably not Github's problem as far as copyright law is concerned.
I don't really think this argument passes muster.
It's just automating the copying and pasting (and slight reworking) of boilerplate code that would normally take me much longer to do, especially when I am working with a language I'm less familiar with but is necessary for my stack. I've literally never seen it suggest code that is more or less almost exactly what I would have come up with given a lot more time. In essence, it eliminates tedium- exactly the point of all of programming: Work elimination.
Also, the open source community has far less leverage to apply pressure to Google than it does to GitHub. We may be able to do something about this.