Is the point to compensate them with their current business model so they don't have to make any changes as a company? If so, then yes, you've defined the solution into a corner here and copyright monopoly is the only way to go.

If, however, we look at the actual thing society has an interest in promoting: to get people to do the hard work of original research and engineering optimization, then we find there are lots of ways to solve that problem without granting monopolies or treating information like physical property.

>Is the point to compensate them with their current business model so they don't have to make any changes as a company

Doesn't ARM keep coming up with new and innovative designs? Don't they have companies like Intel nipping at their heels waiting for a misstep? Isn't ARM on server an uphill battle for them they are working on?

Why do we need to shake up their business model? To what end exactly? To make smartphones a few cents cheaper than they already are?

>If, however, we look at the actual thing society has an interest in promoting: to get people to do the hard work of original research and engineering optimization, then we find there are lots of ways to solve that problem without granting monopolies or treating information like physical property.

Go on... what are some of the "lots of ways" ? I am genuinely curious.

Please see my comment to a similar question above. I was apparently asking for it by not giving examples.